Mackenzie Master Limited Partnership

    TORONTO, Jan. 16 /CNW/ - Mackenzie Master Limited Partnership (Stock
Symbol MKZ-UN, CUSIP 554905109) has finalized a distribution of partnership
income as follows:

    Rate:                             $0.59 per unit
    Payable Date:                     Friday, January 23, 2009
    Record Date:                      Wednesday, December 31, 2008
    Period of income:                 January 1, 2008 to December 31, 2008

For further information:

For further information: Venkat Kannan, Vice-President, Fund
Administration, Mackenzie Financial Corporation, (416) 355-2509

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