Mackenzie Master Limited Partnership

    TORONTO, Dec. 17 /CNW/ - Mackenzie Master Limited Partnership (Stock
Symbol MKZ-UN, CUSIP 554905109) has estimated a distribution of partnership
income as follows:

    Rate:              Estimated at $0.81 per unit(*)
    Payable Date:      Friday, January 18, 2008
    Record Date:       Monday, December 31, 2007
    Period of income:  January 1, 2007 to December 31, 2007

    (*)The finalized distribution will be released on January 11, 2008.

For further information:

For further information: Venkat Kannan, Vice-President, Fund
Administration, Mackenzie Financial Corporation, (416) 355-2509

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