UE Waterheater Income Fund
TSX : UWH.UN

UE Waterheater Income Fund

April 19, 2007 08:30 ET

UE Waterheater Income Fund Announces 2007 First Quarter Results Release Date and Conference Call Details

TORONTO, ONTARIO--(CCNMatthews - April 19, 2007) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES

UE Waterheater Income Fund, (the "Fund") (TSX:UWH.UN) will issue its 2007 first quarter results media release on Monday, April 30, 2007 after market close. In connection with the release, the Fund will hold a conference call to discuss the results on Tuesday, May 1, 2007 at 8:30 a.m. (EST). Details to access the conference call are as follows:



For local calling: 416.883.0139
Toll-free within North America: 1.888.458.1598
Conference Call participant pass code: 8181246#


Following management's presentation, there will be a question and answer session for participants. To access the simultaneous live audio webcast, please visit our web site www.ueincomefund.com. Participants will require Windows Media Player™, which can be downloaded prior to accessing the call.

If you have any problems accessing the conference call, or have any questions, please contact Jennifer Garland at 416.490.4968.

About UE Waterheater Income Fund

UE Waterheater Income Fund is an unincorporated, open-ended, limited purpose trust established under the laws of Ontario that indirectly holds, through the UE Waterheater Operating Trust, the water heater rental business of Union Energy Limited Partnership (Union Energy LP) and its related commercial activities as well as the security monitoring business. Each Unit of the Fund represents an indirect ownership interest in Union Energy LP and Protectron LP, which own and operate the businesses.

Union Energy LP's main business is the rental and service of a portfolio of more than one million residential water heaters in Ontario which is Canada's second largest portfolio of rental water heaters in a program that was initiated in the 1960s. In addition, Union Energy LP has related commercial activities that complement the water heater rental business, being the retail sale, rental, service and maintenance, and financing of heating, ventilation and air conditioning equipment as well as electronic security system sales, installation, rental, service, monitoring, and related commercial activities. The businesses operate under the Union Energy, Reliance Home Comfort, Reliance Protectron Security Systems, UEI Financial and Reliance Commercial Solutions brand names.

For more information on the UE Waterheater Income Fund, visit the web site at www.ueincomefund.com.

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