Northwater Top 75 Income Trusts Plus - Correction - Preliminary Net Asset
Value December 31, 2009

TORONTO , Jan. 11 /CNW/ - The Northwater Top 75 Income Trusts PLUS (the "Trust") announced on January 8, 2010 that the projected net asset value of the Trust per unit, as at December 31, 2009 , is $1.11 . In addition, the Trust also advised unitholders that the projected net asset value is net of the previously announced termination distribution of $1.00 per unit. However, in the January 8, 2010 press release, it was inadvertently announced that the initial termination distribution of $1.00 per unit was to be paid on January 15, 2009 . The payment date for the initial termination distribution, as previously announced, is January 15, 2010 .

For further information: Dan Mills at Northwater Capital Management Inc. at [phone]