Aeroplan Income Fund Announces March 2007 Distribution



    MONTREAL, March 16 /CNW Telbec/ - Aeroplan Income Fund (TSX: AER.UN)
announced today that a cash distribution in the amount of $0.07 per Fund unit,
covering the period from March 1 to March 31, 2007, will be paid on April 16,
2007 to unitholders of record at the close of business on March 30, 2007.

    About Aeroplan

    Aeroplan is Canada's premier loyalty marketing company, dedicated to
developing and executing programs designed to engage the loyalty of its
prestigious membership.

    Aeroplan's millions of members earn Aeroplan Miles with its network of
more than 60 world-class partners, representing more than 100 brands in the
financial, retail and travel sectors.

    Miles earned may be redeemed for Aeroplan's industry-leading
ClassicFlight Rewards, innovative ClassicPlus Flight Rewards and global Star
Alliance Flight Rewards, offering travel to more than 850 destinations
worldwide. In 2006 alone, more than 1.4 million round-trip flight rewards were
issued. Aeroplan's roster of non-flight rewards includes more than 400
exciting specialty, merchandise and experiential rewards, as well as hotel and
car rental rewards.

    For more information about Aeroplan, please visit www.aeroplan.com.

    %SEDAR: 00022208EF




For further information:

For further information: Gillian Hewitt, (416) 352-3706,
gillian.hewitt@aeroplan.com

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AEROPLAN INCOME FUND

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