OAKVILLE, ON, Nov. 20 /CNW/ - Algonquin Power Income Fund (the "Fund") (TSX:APF.UN) of Oakville, Ontario announced today that its Trustees have declared a cash distribution on its trust units. The distribution is $0.02 per trust unit payable on December 15, 2008 to the unitholders of record on November 28, 2008 for the period from November 01, 2008 to November 30, 2008.

The Fund has 77,496,713 units issued and outstanding which together with 2,121,159 units of Algonquin (AirSource) Power LP outstanding, results in an aggregate of 79,577,146 equivalent trust units issued and outstanding based on the exchange provisions applicable with respect to units of Algonquin (AirSource) Power LP.

About Algonquin Power Income Fund

Algonquin Power is an open-ended investment trust that owns and has interests in a diverse portfolio of clean, renewable power generation and sustainable infrastructure assets across North America, including 42 renewable energy facilities, 11 thermal energy facilities, and 17 water distribution and waste-water facilities. Algonquin Power was established in 1997 to provide stable earnings through a diversified portfolio of renewable energy assets. Algonquin Power's units and convertible debentures are traded on the Toronto Stock Exchange under the symbols APF.UN, APF.DB and APF.DB.A and units are included in the S&P/TSX Composite Index.

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