Canadian Helicopters Income Fund declares monthly distribution



    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
    THE U.S./

    MONTREAL, March 15 /CNW Telbec/ - Canadian Helicopters Income Fund (the
"Fund") (TSX: CHL.UN) announced today its monthly distribution of $0.0875 per
unit covering the period of March 1, 2007 to March 31, 2007, will be paid on
April 13, 2007 to unitholders of record at the close of business on March 31,
2007.

    Through Canadian Helicopters Limited, Canadian Helicopters Income Fund is
the largest helicopter transportation services company operating in Canada and
one of the largest in the world based on the size of its fleet. From over 40
base locations across Canada, Canadian Helicopters provides helicopter
services to a broad range of sectors, including emergency medical services,
infrastructure maintenance, utilities, oil and gas, forestry, mining and
construction. In addition to helicopter transportation services, Canadian
Helicopters operates three flight schools and provides third party repair and
maintenance services. With almost 60 years of experience, Canadian Helicopters
is an industry leader in establishing safety standards and operating
procedures.
    %SEDAR: 00022513EF




For further information:

For further information: Jean-Pierre Blais, President, Canadian
Helicopters Limited, (450) 452-3007; Don Wall, Senior Executive Vice
President, Canadian Helicopters Limited, (780) 429-6919


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