Multi-Manager Limited Partnership I

    TORONTO, Jan. 21 /CNW/ - The quarterly cash distribution of partnership
income of Multi-Manager Limited Partnership I (Stock Symbol MMN.UN) for the
fourth quarter ended December 31, 2008 is as follows:

    Rate:                $0.0418
    Payable Date:        January 30, 2009
    Record Date:         December 31, 2008
    Period of Income:    October 1, 2008 to December 31, 2008

For further information:

For further information: Greg Henderson, Director, Multi-Manager
Distribution No. 1 Limited, (416) 367-1900

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