Northwater Top 75 Income Trusts Plus - Correction - Preliminary Net Asset
Value December 31, 2009

TORONTO, Jan. 11 /CNW/ - The Northwater Top 75 Income Trusts PLUS (the "Trust") announced on January 8, 2010 that the projected net asset value of the Trust per unit, as at December 31, 2009, is $1.11. In addition, the Trust also advised unitholders that the projected net asset value is net of the previously announced termination distribution of $1.00 per unit. However, in the January 8, 2010 press release, it was inadvertently announced that the initial termination distribution of $1.00 per unit was to be paid on January 15, 2009. The payment date for the initial termination distribution, as previously announced, is January 15, 2010.

For further information: For further information: Dan Mills at Northwater Capital Management Inc. at (416) 360-2101

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NORTHWATER TOP 75 INCOME TRUSTS PLUS

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