Algonquin Power Income Fund announces dates for second quarter 2008 financial results release and conference call

    OAKVILLE, ON, July 3 /CNW/ - Algonquin Power Income Fund ("Algonquin
Power") (TSX: APF.UN) today announced plans to release second quarter 2008
financial results the afternoon of Thursday, August 14, 2008. Algonquin Power
will hold an earnings conference call at 10:00 a.m. eastern time on Friday,
August 15, 2008, hosted by executive directors, David Kerr and Chris Jarratt.

    Conference call details are as follows:

    Date: Friday, August 15, 2008
    Start Time: 10:00 a.m. eastern
    Phone Number: Toll free within North America: 1-800-733-7560 or local
    Conference ID No.: 21276521

    For those unable to attend the live call, a digital recording will be
available for replay two hours after the call by dialing 1-877-289-8525 or
416-640-1917 access code 21276521 followed by the number sign from August 15,
2008 until August 22, 2008.

    About Algonquin Power

    Algonquin Power is an open-ended investment trust that owns and has
interests in a diverse portfolio of clean, renewable power generation and
sustainable infrastructure assets across North America, including 42 renewable
energy facilities, 12 thermal energy facilities, and 17 water distribution and
waste-water facilities. Algonquin Power was established in 1997 to produce
stable earnings through a diversified portfolio of renewable energy assets.
Algonquin Power's units and convertible debentures are traded on the Toronto
Stock Exchange under the symbols APF.UN, APF.DB & APF.DB.A and units are
included in the S&P/TSX Composite Index.

For further information:

For further information: Ms. Kelly Castledine, Telephone: (905)
465-4500, E-mail:, Algonquin Power Income Fund, 2845
Bristol Circle, Oakville, Ontario, L6H 7H7

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