CORRECTION FROM SOURCE: The Consumers’ Waterheater Income Fund Announces Monthly Cash Distribution

TORONTO, ONTARIO–(Marketwire – Sept. 21, 2010) – The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) earlier today issued a press release announcing a cash distribution of $0.054 per unit for the month of August 2010. The reference to August 2010 was made in error as the distribution is in respect to the month of September 2010. The distribution will be payable on October 29, 2010 to unitholders of record at the close of business on September 30, 2010.

About The Consumers' Waterheater Income Fund

The Fund owns a portfolio of approximately 1.3 million installed water heaters and other assets, rented primarily to residential customers in Ontario. The Fund also owns Stratacon, a leading sub-metering bus iness, with metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada.

Additional information regarding the Fund, including its current Annual Information Form is available on SEDAR at www.sedar.com. Additional information on the sub-metering business is available at www.stratacon.ca.

For further information: The Consumers’ Waterheater Income Fund
Chris Cawston
CFO
905.695.7793 or 1.800.781.2943
[email protected]