Algonquin Power Income Fund declares cash distribution for June 2008



    OAKVILLE, ON, June 18 /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, 2008 to the unitholders of record on 
June 30, 2008 for the period from June 01, 2008 to June 30, 2008.
    The Fund has 73,783,602 units issued and outstanding which together with
2,331,187 units of Algonquin (AirSource) Power LP outstanding, results in an
aggregate of 76,070,030 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, 12 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 and units are
included in the S&P/TSX Composite Index.

    %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, www.algonquinpower.com


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