Coast Wholesale Appliances Income Fund declares January cash distribution - forty-third since Fund's inception



    TRADING SYMBOL: Toronto Stock Exchange - CWA.UN

    VANCOUVER, Jan. 21 /CNW/ - Coast Wholesale Appliances Income Fund (the
"Fund") today announced a cash distribution of $0.0833 per unit for the period
from January 1, 2009 to January 31, 2009. This distribution is to be paid
February 16, 2009 to unitholders of record on January 30, 2009. This is the
Fund's forty-third consecutive monthly cash distribution to public
unitholders. In addition, the 35% non-controlling interest will be paid a cash
distribution of $0.0833 per unit for the period from January 1, 2009 to
January 31, 2009 by Coast Wholesale Appliances LP on February 16, 2009.

    Coast Wholesale Appliances Income Fund is an unincorporated, open-ended
limited purpose trust launched on June 23, 2005 with the completion of an
initial public offering of 6,525,000 trust units. The Fund was created to
acquire and hold a 65% indirect interest in Coast Wholesale Appliances LP
(Coast), a leading independent supplier of major household appliances to
developers and builders of multi-family and single-family housing, and to
retail customers in Western Canada. Founded in 1978, Coast currently operates
16 stores, with 15 locations across the four western provinces and one new
store recently acquired in the Greater Toronto Area.




For further information:

For further information: Jack Peck, Chief Financial Officer, Telephone:
(604) 301-3400 or invest@coastappliances.com, Website:
www.coastincomefund.com

Organization Profile

COAST WHOLESALE APPLIANCES INCOME FUND

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