First National AlarmCap Income Fund announces April 2007 distribution



    CALGARY, April 19 /CNW/ - First National AlarmCap Income Fund (TSX:
FNA.UN) (the "Fund") announces the cash distribution for the month of April
2007 of $0.070833 per Class A and Class B trust unit of the Fund. The
distribution will be paid on May 31, 2007 to unit holders of record at the
close of business on April 30, 2007.
    The cash distribution covers the period from April 1, 2007 to April 30,
2007.
    First National AlarmCap Income Fund indirectly holds all the issued and
outstanding securities of First National AlarmCap LP ("AlarmCap"). Information
about First National AlarmCap Income Fund can be found at www.sedar.com or
www.alarmcap.com.

    AlarmCap owns and operates Microtec, one of Canada's largest security
alarm sales, installation and monitoring companies. AlarmCap also owns
Securex, a leading alternative credit provider which offers bundled financial,
billing/back office and monitoring services to independent dealers throughout
Canada. AlarmCap has security alarm monitoring agreements with more than
$2,400,000 in recurring monthly revenue from over 100,000 subscribers.





For further information:

For further information: Leonard Sudermann, President & CEO, First
National AlarmCap Income Fund, (403) 299-2299, len@alarmcap.ca

Organization Profile

FIRST NATIONAL ALARMCAP INCOME FUND

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