Great Lakes Hydro Income Fund Declares Cash Distribution for October 2008



    STOCK SYMBOL: GLH.UN/TSX

    GATINEAU, QC, Oct. 20 /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 2008, payable by November 28, 2008 to unitholders of record on
October 31, 2008. The ex-distribution date is October 29, 2008.
    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, 2008       November 28, 2008            10.417 cents
    September 30, 2008     October 31, 2008             10.417 cents
    August 31, 2008        September 30, 2008           10.417 cents
    July 31, 2008          August 29, 2008              10.417 cents
    June 30, 2008          July 31, 2008                10.417 cents
    May 31, 2008           June 30, 2008                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
1,021 megawatts of power generating capacity and an average annual production
of 3,912 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 Renewable 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: Zev Korman, Director,
Investor Relations and Communications, (416) 359-1955,
unitholderenquiries@greatlakeshydro.com; www.greatlakeshydro.com

Organization Profile

GREAT LAKES HYDRO INCOME FUND

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