Press releases contained on www.consumerswaterheaters.com are for historical purposes only and that while information contained within the releases was believed to be accurate at the time of issue, such information may have been superseded by subsequent press releases, public announcements or disclosures and the Fund will not, and expressly disclaims any obligation to, update or otherwise revise this information.

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        Sept. 3, 2010
  The Consumers’ Waterheater Income Fund announces Agreement to Acquire Enbridge Electric Connections Inc.
        August 20, 2010
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        August 9, 2010
  The Consumers’ Waterheater Income Fund Reports Results for the Second Quarter of 2010 Rental Attrition Drops by More than 30% Compared to 2009
        August 3, 2010
  The Consumers’ Waterheater Income Fund announces 2010 Second Quarter Conference Call
        July 21, 2010
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        July 6, 2010
  The Consumers’ Waterheater Income Fund announces the Completion of Over-Allotment Option in its Recently Closed $50 Million Public Offering
        June 21, 2010
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        June 8, 2010
  The Consumers’ Waterheater Income Fund announces the Completion of The Fund’s previously announced $50 Million Public Offering
        May 19, 2010
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        May 18, 2010
  The Consumers' Waterheater Income Fund announces $50 Million Public Offering Through a Combination of Units and Convertible Debentures
        April 30, 2010
  The Consumers’ Waterheater Income Fund announces Expiry of its Unitholder Rights Plan
        April 29, 2010
  The Consumers’ Waterheater Income Fund Reports Results for the First Quarter of 2010
        April 21, 2010
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        April 20, 2010
  The Consumers’ Waterheater Income Fund announces 2010 First Quarter Conference Call
        March 22, 2010
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        March 9, 2010
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Announce The Competition Bureau Approves New Form of Contract
        March 1, 2010
  The Consumers’ Waterheater Income Fund Reports 2009 Results
        February 22, 2010
  The Consumers’ Waterheater Income Fund 2009 Fourth Quarter and Year-End Conference Call
        February 19, 2010
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Announce the Completion of The Trust’s Previously Announced Offering of $240,000,000 Senior Unsecured Notes
        February 17, 2010
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        February 11, 2010
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Announce Offering By The Trust of an Aggregate Of $240,000,000 Principal Amount of Senior Unsecured Notes
        February 4, 2010
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Provide a Business Update
        February 3, 2010
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Provide Ratings Update
        January 27, 2010
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Announce Drawdown Under Bridge Facility for Refinancing of Series 2003-1 A-2 Notes
        January 20, 2010
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        December 21, 2009
  The Consumers’ Waterheater Income Fund and Operating Trust Announce Closing of $275 Million Credit Facility
        December 18, 2009
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        December 10, 2009
  The Consumers’ Waterheater Income Fund Provides an Update On Sub-Metering Legislation
        November 19, 2009
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        November 16, 2009
  Consumers' Waterheater Income Fund & Operating Trust Announce a $275 million Credit Facility
        October 29, 2009
  The Consumers’ Waterheater Income Fund Reports Results for the Third Quarter of 2009
        October 22, 2009
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        October 16, 2009
  The Consumers’ Waterheater Income Fund 2009 Third Quarter Conference Call
        September 21, 2009
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        September 21, 2009
  The Consumers’ Waterheater Income Fund & Operating Trust provides a Business Update
        August 20, 2009
  The Consumers’ Waterheater Income Fund announces Monthly Cash Distribution
        August 14, 2009
  The Consumers’ Waterheater Income Fund Provides an Update on its Sub-Metering Business
        August 13, 2009
  The Consumers’ Waterheater Income Fund Announces Decision to Discontinue Stability Ratings
        July 29, 2009
  The Consumers’ Waterheater Income Fund Reports Results for the Second Quarter of 2009
        July 22, 2009
  The Consumers’ Waterheater Income Announces Monthly Cash Distribution
        July 16, 2009
  The Consumers’ Waterheater Income Fund To Hold 2009 Second Quarter Conference Call
        June 22, 2009
  The Consumers’ Waterheater Income Fund Announces Appointment of Tom Cooper as Vice President, Sales & Marketing
        June 19, 2009
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        June 5, 2009
  The Consumers’ Waterheater Income Fund Announces Appointment of David Clarke as a Trustee
        May 20, 2009
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        May 6, 2009
  The Consumers’ Waterheater Income Fund Provides a Progress Update on its Sub-Metering Business
        April 30, 2009
  The Consumers’ Waterheater Income Fund Results for the First Quarter of 2009
        April 21, 2009
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        April 17, 2009
  The Consumers’ Waterheater Income Fund Announces its Annual Meeting of Unitholders and 2009 First Quarter Financial Results Conference Call
        March 25, 2009
  The Consumers’ Waterheater Income Fund Provides an Update to its Sub-Metering Business
        March 20, 2009
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        February 20, 2009
  The Consumers’ Waterheater Income Fund Reports Strong Revenue Growth in 2008
        February 18, 2009
  The Consumers' Waterheater Income Fund Announces Monthly Cash Distribution
        February 13, 2009
  The Consumers' Waterheater Income Fund and The Consumers' Waterheater Operating Trust Announce the Completion of the Trust's Previously Announced Opering of Senior Notes
        February 9, 2009
  Stratacon Inc. Awarded Sub-metering Contract with GWL Realty Advisors Inc.
        February 6, 2009
  The Consumers’ Waterheater Income Fund To Hold 2008 Annual and Fourth Quarter Conference Call
        February 5, 2009
  The Consumers’ Waterheater Income Fund And The Consumers’ Waterheater Operating Trust Announce Offering By The Trust Of An Aggregate Of $330,000,000 Principal Amount Of Senior Notes
        January 21, 2009
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        December 18, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        December 9, 2008
  The Consumers’ Waterheater Income Fund Announces Appointment of Senior Vice President, General Counsel and Corporate Secretary
        November 19, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        October 27, 2008
  The Consumers’ Waterheater Income Fund Reports 7.9% Revenue Increase in Third Quarter 2008
        October 22, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        October 14, 2008
  The Consumers’ Waterheater Income Fund To Hold 2008 Third Quarter Conference Call
        September 19, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        September 18, 2008
  The Consumers’ Waterheater Income Fund Announces Agreement to Acquire Thunder Bay Hydro’s 5,960 Water Heater Assets
        August 20, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        August 15, 2008
  The Consumers’ Waterheater Income Fund Completes Acquisition of Stratacon Inc.
        August 7, 2008
  The Consumers’ Waterheater Income Fund Announces Agreement to Purchase Stratacon Inc.
        July 25, 2008
  The Consumers’ Waterheater Income Fund Reports Second Quarter 2008 Financial Results
        July 22, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        July 14, 2008
  The Consumers’ Waterheater Income Fund To Hold 2008 Second Quarter Conference Call
        June 19, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        May 21, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        April 30, 2008
  The Consumers’ Waterheater Income Fund Reports Results for the First Quarter of 2008
        April 21, 2008
  The Consumers’ Waterheater Income Fund Announces Announces Monthly Cash Distribution
        April 16, 2008
  The Consumers’ Waterheater Income Fund Announces its Annual and Special Meeting of Unitholders and 2008 First Quarter Financial Results Conference Call
        March 26, 2008
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Announce Credit Ratings on Proposed Offering of $310 Million Senior Notes
        March 19, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        March 10, 2008
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Announce Credit Ratings Confirmed
        March 7, 2008
  The Consumers’ Waterheater Income Fund Announces New Billing and Trust Arrangements
        February 29, 2008
  The Consumers’ Waterheater Income Fund Provides an Update Regarding Billing and Trust Arrangements
        February 20, 2008
  The Consumers’ Waterheater Income Fund Reports Results for the Fourth Quarter and Full Year 2007
        February 20, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        February 7, 2008
  The Consumers’ Waterheater Income Fund to Hold 2007 Fourth Quarter Conference Call
       January 28, 2008
  The Consumers’ Waterheater Income Fund Draws on $310 Million Bridge Loan Facility
       January 28, 2008
  The Consumers’ Waterheater Income Fund Extends Current Billing Arrangements to March
       January 22, 2008
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       December 21, 2007
  The Consumers’ Waterheater Income Fund Announces $310 Million Bridge Loan Facility and Extends Current Billing Arrangements; S&P ‘AAA’ Credit Ratings are Unchanged
       December 17, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       November 20, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       November 12, 2007
  The Consumers’ Waterheater Income Fund Announces Internalization Agreement
       November 8, 2007
  The Consumers’ Waterheater Income Fund and The Consumers’ Waterheater Operating Trust Announce that DBRS will Review New Billing Arrangements
       November 5, 2007
  The Consumers’ Waterheater Income Fund Provides an Update to its Billing Arrangements
       October 26, 2007
  The Consumers’ Waterheater Income Fund Reports 7.8% Revenue Increase in Third Quarter of 2007
       October 19 , 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       October 17 , 2007
  The Consumers’ Waterheater Income Fund To Hold 2007 Third Quarter Conference Call
       October 16 , 2007
  The Consumers’ Waterheater Income Fund Acquires Festival Hydro’s Water Heater Assets
       September 18 , 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       August 21 , 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        July 27, 2007
  The Consumers’ Waterheater Income Fund Reports 7.6% Revenue Increase in Second Quarter of 2007
        July 20, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        July 10, 2007
  The Consumers’ Waterheater Income Fund To Hold 2007 Second Quarter Conference Call
        June 19, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
        May 18, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       April 25, 2007
  The Consumers’ Waterheater Income Fund Reports Record Customer Growth through acquisition in the First Quarter 2007
       April 23, 2007
  The Consumers’ Waterheater Income Fund Announces Canada’s Leading Proxy Voting Authority Recommends Unitholders of The Consumers’ Waterheater Income Fund Vote FOR Unitholder Rights Plan
       April 18, 2007
  The Consumers’ Waterheater Income Fund To Hold 2007 First Quarter Conference Call
       April 18, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       March 30, 2007
  The Consumers’ Waterheater Income Fund to Hold Annual & Special Meeting on April 26 in Toronto
       March 21, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       March 16, 2007
  The Consumers’ Waterheater Income Fund Announces Adoption Of Unitholder Rights Plan
       February 21, 2007
  The Consumers’ Waterheater Income Fund Reports Solid Growth in 2006 Fiscal Year Results And Increases Monthly Distributions by 4.9%
       February 19, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       February 8, 2007
  The Consumers’ Waterheater Income Fund Announces Closing of Acquisition of Toronto Hydro’s Water Heater Rental Business
       January 31, 2007
  The Consumers’ Waterheater Income Fund Enters into an Agreement to Acquire Toronto Hydro’s Water Heater Rental Business
       January 30, 2007
  The Consumers’ Waterheater Income Fund To Hold 2006 Fourth Quarter Conference Call
       January 22, 2007
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       December 21, 2006
  The Consumers’ Waterheater Income Fund Enters into an Agreement to Acquire Water Heater Rental Business from PowerStream
       December 18, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       November 21, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       October 26, 2006
  The Consumers’ Waterheater Income Fund Announces Increased Revenues & Earnings for Q3 2006
       October 20, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       October 12, 2006
  The Consumers’ Waterheater Income Fund To Hold 2006 Third Quarter Conference Call
       October 4, 2006
  The Consumers’ Waterheater Income Fund Announces John MacDonald as President & CEO
       September 20, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       August 22, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       July 26, 2006
  The Consumers’ Waterheater Income Fund Announces Financial Results for the Second Quarter of 2006 and Increase in Unitholder Distributions
       July 20, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       July 19, 2006
  The Consumers’ Waterheater Income Fund To Hold 2006 Second Quarter Conference Call
       June 21, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       May 19, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       April 20, 2006
  The Consumers’ Waterheater Income Fund Announces Continued Strong Financial Results for the First Quarter of 2006
       April 19, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       April 11, 2006
  The Consumers’ Waterheater Income Fund To Hold 2006 First Quarter Conference Call
       March 31, 2006
  The Consumers’ Waterheater Income Fund To Hold AGM on April 21 in Toronto
       March 22, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       February 17, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       February 16, 2006
  The Consumers’ Waterheater Income Fund Announces Solid Financial Results for its Fourth Quarter and 2005 Fiscal Year.
       February 13, 2006
  The Consumers Waterheater Income Fund Announces That Ontario Energy Board Decision May Adversely Effect Billing Arrangements.
       February 7, 2006
  The Consumers’ Waterheater Income Fund To Hold 2005 Fourth Quarter Conference Call
       January 20, 2006
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       December 19, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       November 21, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       October 28, 2005
  The Consumers’ Waterheater Income Fund Announces Continued Strong Financial Results for the Third Quarter of 2005
       October 20, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       Oct 14 , 2005
  The Consumers’ Waterheater Income Fund To Hold 2005 Third Quarter Conference Call
       Sept 21 , 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       Aug 19, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       July 28, 2005
  The Consumers’ Waterheater Income Fund Announces Strong Financial Results for the
Second Quarter of 2005 and a 3.6% Increase in Monthly Distributions
       July 20, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       July 19, 2005
  The Consumers’ Waterheater Income Fund To Hold 2005 Second Quarter Conference Call
       June 21, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution
       May 19, 2005
  The Consumers’ Waterheater Income Fund Announces Announces Monthly Cash Distribution
       Apr 27, 2005
  The Consumers’ Waterheater Income Fund Announces Financial Results for the First Quarter of 2005
       Apr 19, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Distribution
       Apr 13, 2005
  The Consumers’ Waterheater Income Fund To Hold 2005 First Quarter Conference Call
       Apr 13 , 2005
  The Consumers’ Waterheater Income Fund To Hold Annual General Meeting On April 27 In Toronto
       Mar 21 , 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Distribution
       Feb 18, 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Distribution
       Feb 17, 2005
  The Consumers’ Waterheater Income Fund Announces Financial Results for Fourth Quarter and Year end 2004
       Feb 7, 2005
  The Consumers’ Waterheater Income Fund To Hold 2004 Fourth Quarter And Year-End Conference Call
       Jan 21 , 2005
  The Consumers’ Waterheater Income Fund Announces Monthly Distribution
       Dec 20, 2004
  The Consumers’ Waterheater Income Fund Announces December Distribution
       Dec 6, 2004
  The Consumers’ Waterheater Income Fund Announces 3.7% Increase in Distributions effective January 1, 2005
       Nov 17 , 2004
  The Consumers’ Waterheater Income Fund Announces November Distribution
       Oct 29 , 2004
  The Consumers’ Waterheater Income Fund Announces Financial Results for Third Quarter 2004
       Oct 21 , 2004
  The Consumers’ Waterheater Income Fund To Hold 2004 Third Quarter Conference Call
       Oct 21 , 2004
  The Consumers’ Waterheater Income Fund Announces October Distribution
       Sept 21 , 2004
  The Consumers’ Waterheater Income Fund Announces September Distribution
       Aug 13 , 2004
  The Consumers’ Waterheater Income Fund Announces August Distribution
       July 20 , 2004
  The Consumers’ Waterheater Income Fund Releases Q2 Report
       July 20 , 2004
  The Consumers’ Waterheater Income Fund Announces July Distribution
       June 21 , 2004
  The Consumers’ Waterheater Income Fund Announces June Distribution
       May 20 , 2004
  The Consumers’ Waterheater Income Fund Announces May Distribution
       May 19 , 2004
  The Consumers’ Waterheater Income Fund Releases Financial Results for Q1 2004
       April 27 , 2004
  The Consumers’ Waterheater Income Fund Releases Interim Consolidated Financial Statements
       April 27 , 2004
  The Consumers' Waterheater Income Fund Announces Financial Results for First Quarter 2004
       April 26 , 2004
  The Consumers’ Waterheater Income Fund Announces Q1 Results Conference Call
       April 19 , 2004
  The Consumers’ Waterheater Income Fund Announces April Distribution
       Feb 26, 2004
  The Consumers’ Waterheater Income Fund Announces Financial Results for Fourth Quarter and Year Ended 2003
       Feb 18, 2004
  Consumers' Waterheater Income Fund Announces February 2004 Distribution
       Jan 20 , 2004
  Consumers' Waterheater Income Fund Announces January 2004 Distribution
       Oct 31 , 2003
  Consumers' Waterheater Income Fund Announces October Distribution
       Oct 31 , 2003
  Consumers' Waterheater Income Fund Releases interim Consolidated Statement of Earnings
       Oct 31 , 2003
  Consumers' Waterheater Income Fund Announces Financial Results for Third Quarter 2003
       Oct 15 , 2003
  Consumers' Waterheater Income Fund to hold Third Quarter Conference Call
       Sept 18 , 2003
  Consumers' Waterheater Income Fund Announces September Distribution
       Aug 20, 2003
  Consumers' Waterheater Income Fund Announces August Distribution
       July 31, 2003
  Consumers' Waterheater Income Funds' Interim Consolidated Statement of Earnings Second Quarter 2003
       July 31, 2003
  Consumers' Waterheater Income Fund Announces Financial Results for Second Quarter 2003
       July 22, 2003
  Consumers' Waterheater Income Fund to hold Second Quarter Conference Call
       July 21, 2003
  Consumers' Waterheater Income Fund Announces July Distribution
       June 18, 2003
  Consumers' Waterheater Income Fund Announces June Distribution
       April 29, 2003
  Consumers' Waterheater Income Fund Announces Financial Results for First Quarter 2003
       April 25, 2003
  Consumers' Waterheater Income Fund to Hold First Quarter Conference Call
       April 21, 2003
  Consumers' Waterheater Income Fund Announces April Distribution
       March 31, 2003
  Consumers' Waterheater Income Fund Interim Consolidated Financial Statements (Unaudited)
       March 19, 2003
  Consumers' Waterheater Income Fund Announces March Distribution
       March 19, 2003
  Consumers' Waterheater Income Fund Announces March Distribution
       March 7, 2003
  Consumers' Waterheater Income Fund Announces Centrica Canada Limited Reduces Ownership In CWI.UN from 41.9% to 19.9%
       March 3, 2003
  Consumers' Waterheater Income Fund Releases Earnings for 2002 Stub Period
       Feb 20, 2003
  Consumers' Waterheater Income Fund Announces February Distribution
       Jan 17, 2003
  Consumers' Waterheater Income Fund Files Final Prospectus for Offering of Secured Notes
       Jan 15, 2003
  Consumers' Waterheater Income Fund Announces January Distribution
       Jan 2, 2003
  Consumers' Waterheater Income Fund Announces Completion of Over-Allotment Option
       Dec 6, 2002
  Consumers' Waterheater Income Fund Announces Enbridge Services Inc Files Final Prospectus for Initial Public Offering of The Consumers' Waterheater Income Fund