Algonquin Power Income Fund announces dates for third quarter 2007 financial results release and conference call

    OAKVILLE, ON, Oct. 30 /CNW/ - Algonquin Power Income Fund (TSX: APF.UN)
today announced plans to release third quarter 2007 financial results on
Thursday, November 8, 2007. Algonquin Power Income Fund will hold an earnings
conference call at 10:00 a.m. eastern time on Friday, November 9, 2007, hosted
by Executive Directors, David Kerr and Chris Jarratt.

    Conference call details are as follows:

    Date: Friday, November 9, 2007
    Start Time: 10:00 a.m. eastern
    Phone Number: Toll free within North America: 1-866-249-2157 or local
    Conference ID No.: 78673

    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 21250100 followed by the number sign from November 9,
2007 until November 16, 2007.

    About Algonquin Power

    Algonquin Power is an open-ended investment trust that owns and has
interests in a diverse portfolio of renewable power generation and sustainable
infrastructure assets across North America, including 47 hydroelectric
facilities, five natural gas-fired cogeneration facilities, one wind energy
facility, 7 alternative fuels facilities and 17 water distribution and
waste-water facilities. Algonquin Power was established in 1997 to provide
investors with sustainable, highly stable cash flows 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.

    %SEDAR: 00009265E

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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