Coast Wholesale Appliances Income Fund Announces Distribution Increase With 28th Consecutive Monthly Distribution

    TRADING SYMBOL: Toronto Stock Exchange - CWA.UN

    VANCOUVER, Oct. 19 /CNW/ - Coast Wholesale Appliances Income Fund (the
"Fund") today announced that it is increasing monthly cash distributions from
$0.10 cents per unit to $0.1025 per unit, beginning with the Fund's
October 2007 distribution. On an annualized basis, this represents a
distribution rate of $1.23 per unit.
    "The increase in the Fund's monthly distribution reflects the sustained
strong performance of Coast's business," said Ken Crump, chairman of the board
of trustees of Coast Wholesale Appliances LP.
    The October distribution covers the period from October 1, 2007 to
October 31, 2007 and will be paid November 15, 2007 to unitholders of record
on October 31, 2007. The Fund's policy is for unitholders of record on the
last business day of each month to receive distributions on or about the 15th
day of the following month. This is the Fund's twenty-eighth consecutive cash

    Coast Wholesale Appliances Income Fund is an unincorporated, open-ended
limited purpose trust launched on June 23, 2005 with the completion of an
initial public offering of 6,525,000 trust units. The Fund was created to
acquire and hold a 65% indirect interest in Coast Wholesale Appliances LP
(Coast), a leading independent supplier of major household appliances to
developers and builders of multi-family and single-family housing, and to
retail customers in Western Canada. Founded in 1978, Coast operates
15 wholesale/retail stores and four warehouse distribution centres across the
four western provinces.

For further information:

For further information: Jack Peck, Chief Financial Officer, Telephone:
(604) 301-3400, or; Website:

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