TORONTO, ONTARIO--(Marketwire - March 19, 2008) - The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) announced today a cash distribution of $0.1075 per unit for the month of March 2008. The distribution will be payable on April 30, 2008 to unitholders of record at the close of business on March 31, 2008. About The Consumers' Waterheater Income Fund The Fund owns a portfolio of 1.4 million installed water heaters and other assets, leased primarily to residential customers in Ontario. Direct Energy Essential Home Services provides service support to the portfolio and receives 35% of aggregate rental revenues; thereby significantly reducing the Fund's operating risk. The asset base has been generating stable and growing ca sh flows since its inception in the late 1950s.
The Consumers' Waterheater Income Fund Announces Monthly Cash Distribution
For further information: The Consumers' Waterheater Income Fund Steve Bower Chief Financial Officer (905) 943-6292 or 1-877-877-0142 Email: firstname.lastname@example.org