Great Lakes Hydro Income Fund Declares Cash Distribution for December 2007



    STOCK SYMBOL: GLH.UN/TSX

    GATINEAU, QC, Dec. 18 /CNW Telbec/ - (GLH.UN) Great Lakes Hydro Income
Fund today declared a cash distribution of 10.417 cents per unit for the month
of December 2007, payable by January 31, 2008 to unitholders of record on
December 31, 2007. The ex-distribution date is December 27, 2007.
    The schedule below sets out Great Lakes Hydro Income Fund's cash
distribution history for the last six months:

    
    -----------------------------------------------------------------------
    RECORD DATE           PAYMENT DATE         DISTRIBUTION PER UNIT
    -----------------------------------------------------------------------
    December 31, 2007     January 31, 2008          10.417 cents
    November 30, 2007     December 31, 2007         10.417 cents
    October 31, 2007      November 30, 2007         10.417 cents
    September 30, 2007    October 31, 2007          10.417 cents
    August 31, 2007       September 28, 2007        10.417 cents
    July 31, 2007         August 31, 2007           10.417 cents
    -----------------------------------------------------------------------
    

    About Great Lakes Hydro Income Fund

    Great Lakes Hydro (www.greatlakeshydro.com) is a premier Canadian income
fund. We are the largest power income fund in North America with
1,015 megawatts of power generating capacity and an average annual production
of 3,875 gigawatt hours.
    Great Lakes Hydro Income Fund produces electricity exclusively from
environmentally friendly hydroelectric resources. The Fund owns, operates and
manages 26 high quality hydroelectric generating stations located on eight
river systems in four distinct geographic regions across North America:
Quebec, Ontario, British Columbia and New England.

    Brookfield Power, which comprises all the power operations of Brookfield
Asset Management, owns 50.1% of the Fund's outstanding units.
    Great Lakes Hydro Income Fund units are listed for trading on the Toronto
Stock Exchange under the symbol GLH.UN.
    %SEDAR: 00013106EF




For further information:

For further information: Unitholder enquiries should be directed to
Grace Pollock, Director, Investor Relations, (819) 561-8072,
unitholderenquiries@greatlakeshydro.com; www.greatlakeshydro.com

Organization Profile

GREAT LAKES HYDRO INCOME FUND

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