The Consumers’ Waterheater Income Fund 2010 First Quarter Conference Call

TORONTO, ONTARIO–(Marketwire – April 20, 2010) – The Consumers' Waterheater Income Fund (the "Fund") (TSX:CWI.UN) today announced it will hold a conference call and webcast on Friday, April 30, 2010, at 8:30 a.m. (ET) to discuss the Fund's financial results for the first quarter of 2010. Results will be issued by press release prior to the call.

The event will be hosted by Messrs. John Macdonald, President and CEO, and Steve Bower, CFO.

The dial-in numbers to listen to the teleconference are 416.644.3415 or 1.877.974.0445. Following management's presentation, there will be a question and answer session for analysts and institutional investors. To access the simultaneous live audio webcast, please visit www.cwif.ca. Participants will require Windows Media Player™, which can be downloaded prior to accessing the call. The webcast will subsequently be archived on the site.

A taped rebroadcast will be available to listeners until May 7, 2010, at midnight. To access the rebroadcast, please dial 416.640.1917 or 1.877.289.8525 and enter the pass code 4281839#. 

Following the conference call, the Fund's Annual and Special Meeting will be held at the Ivey-ING Leadership Centre, the Exchan ge Tower, 130 King Street West, Toronto, Ontario at 10:00 a.m. (ET).

Following the formal business of the meeting, Messrs. Macdonald and Bower will provide an overview of the Fund's operations and performance. The presentation will be available via webcast at www.cwif.ca.

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 Inc., a leading "smart" sub-metering company, 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
Steve Bower
CFO
+1 905.695.7793 or +1 800.781.2943
sbower@cwif.ca