Coast Wholesale Appliances Income Fund declares August cash distribution - twenty-sixth since fund's inception

    TRADING SYMBOL: Toronto Stock Exchange - CWA.UN

    VANCOUVER, Aug. 22 /CNW/ - Coast Wholesale Appliances Income Fund (the
"Fund") today announced a cash distribution of $0.10 per unit for the period
from August 1, 2007 to August 31, 2007, to be paid September 17, 2007 to
unitholders of record on August 31, 2007. This distribution is consistent with
the amount of distributions contemplated by the Fund in its initial public
offering prospectus of June 15, 2005. 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-sixth
consecutive monthly cash distribution.

    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 branch
locations and four warehouse distribution centres across the four western

    %SEDAR: 00022161E

For further information:

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

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