ACTIVEnergy announces normal course issuer bid

    TORONTO, Dec. 6 /CNW/ - ACTIVEnergy Income Fund announced today its
intention to make a normal course issuer bid for its units through the
facilities of the Toronto Stock Exchange (the "TSX"). This normal course
issuer bid is intended to commence on December 10, 2007 and will terminate on
December 9, 2008. In accordance with the Declaration of Trust by which
ACTIVEnergy is governed, market purchases pursuant to its normal course issuer
bid may be effected by the Fund.
    The Fund had 23,968,564 units issued and outstanding as at November 28,
2007. ACTIVEnergy may, during the 12 month period commencing December 10, 2007
purchase on the TSX up to 2,389,988 units, being 10% of the public float of
23,899,881 units and may not, in any 30 day period, purchase more than 479,371
units, being 2% of the units issued and outstanding. As at November 28, 2007
ACTIVEnergy has purchased 833,200 units at an average price of $9.82 per unit
under its previously approved normal course issuer bid. ACTIVEnergy believes
that its units represent good value for the Fund and purchases under the
normal course issuer bid may serve to enhance returns to unitholders.
    ACTIVEnergy trades on the Toronto Stock Exchange under the symbol

For further information:

For further information: visit our website at or
contact the undersigned: Nancy Tham, Senior Vice President, (416) 847-5349

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ACTIVEnergy Income Fund

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