Algonquin Power Income Fund declares cash distribution for June 2007



    OAKVILLE, ON, June 20 /CNW/ - Algonquin Power Income Fund (the "Fund")
(TSX: APF.UN) of Oakville, Ontario announced today that its Trustees have
declared a cash distribution on its trust units. The distribution is $0.0766
per trust unit payable on August 15, 2007 to the unitholders of record on
June 29, 2007 for the period from June 01, 2007 to June 30, 2007.
    The Fund has 73,487,799 units issued and outstanding which together with
2,631,297 units of Algonquin (AirSource) Power LP outstanding, results in an
aggregate of 76,068,575 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 Income Fund is an open-ended investment trust that owns
and has interests in a diverse portfolio of power generating and
infrastructure assets across North America, including 47 hydroelectric
facilities, five natural gas-fired cogeneration facilities, 17 alternative
fuels facilities and 17 water distribution and waste-water facilities.
Algonquin Power Income Fund was established in 1997 to provide unitholders
with sustainable, highly stable cash flows through a diversified portfolio of
energy and infrastructure assets. Algonquin Power Income Fund's units and
convertible debentures are traded on the Toronto Stock Exchange under the
symbols APF.UN, APF.DB & APF.DB.A and units are included in the S&P/TSX
Composite Index. More information about Algonquin Power Income Fund can be
found at www.algonquinpower.com.

    %SEDAR: 00009265E




For further information:

For further information: Ms. Kelly Castledine, Algonquin Power Income
Fund, 2845 Bristol Circle, Oakville, Ontario, L6H 7H7, Telephone: (905)
465-4500, E-mail: APIF@algonquinpower.com, Web Page: www.algonquinpower.com


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