Algonquin Power Income Fund declares cash distribution for May 2009

Business and Finance Business and Finance

Tue, May 26, 2009

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Algonquin Power Income Fund declares cash distribution for May 2009

Algonquin Power Income Fund declares cash distribution for May 2009

^{Published on 2009-05-21 13:34:53, Last Modified on 2009-11-02 12:00:14 - Market Wire}

 OAKVILLE, ON, May 21 /CNW/ - Algonquin Power Income Fund ("Algonquin Power") (TSX:APF.UN) of Oakville, Ontario announced today that its Trustees have declared a cash distribution on its trust units. The distribution is $0.02 per trust unit payable on June 15, 2009 to the unitholders of record on May 29, 2009 for the period from May 01, 2009 to May 31, 2009. Algonquin Power has 77,914,936 units issued and outstanding which together with 1,694,718 units of Algonquin (AirSource) Power LP outstanding, results in an aggregate of 79,577,115 equivalent trust units issued and outstanding based on the exchange provisions applicable with respect to units of Algonquin (AirSource) Power LP. About Algonquin Power Income Fund Algonquin Power is an open-ended investment trust that owns and has interests in a diverse portfolio of clean, renewable power generation and sustainable infrastructure assets across North America, including 42 renewable energy facilities, 11 thermal energy facilities, and 17 water distribution and waste-water facilities. Algonquin Power was established in 1997 to provide stable earnings through a diversified portfolio of renewable energy assets. Algonquin Power's units and convertible debentures are traded on the Toronto Stock Exchange under the symbols APF.UN, APF.DB and APF.DB.A. %SEDAR: 00009265E

For further information: Ms. Kelly Castledine, Algonquin Power Income Fund, 2845 Bristol Circle, Oakville, Ontario, L6H 7H7, Telephone: (905) 465-4500, [ www.algonquinpower.com ]

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