Coast Wholesale Appliances Income Fund declares January cash distribution - thirty-first 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 $0.1025 per unit for the period
from January 1, 2008 to January 31, 2008. This distribution is to be paid
February 15, 2008 to unitholders of record on January 31, 2008. The Fund's
policy is for unitholders of record on the last business day of each month to
receive distributions on or about the 15th day of the following month. This is
the Fund's thirty-first consecutive monthly cash distribution.

    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 operates 15 branch
locations and four warehouse distribution centres across the four western
provinces.




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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