Great Lakes Hydro Income Fund Declares Cash Distribution for October 2007



    STOCK SYMBOL: GLH.UN/TSX

    GATINEAU, QC, Oct. 22 /CNW Telbec/ - (GLH.UN) - Great Lakes Hydro Income
Fund today declared a cash distribution of 10.417 cents per unit for the month
of October 2007, payable by November 30, 2007 to unitholders of record on
October 31, 2007. The ex-distribution date is October 29, 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
    -------------------------------------------------------------------------
    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
    June 30, 2007            July 31, 2007               10.417 cents
    May 31, 2007             June 29, 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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