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Attention Business/Financial Editors

Algonquin Power Income Fund press release

	    TORONTO, Jan. 18 /CNW/ - Algonquin Power Income Fund (the "Fund") of
Oakville, Ontario announced today that its Trustees have declared a cash
distribution on its trust units. The distribution is $0.0766 per trust unit
($5,338,375.95) payable on March 17, 2005 to the unitholders of record on
January 31, 2005 for the period from January 1, 2005 to January 31, 2005.
	    The Fund currently has 69,691,592 units issued and outstanding.






-30-
	    /For further information: David Kerr or Peter Kampian, Algonquin Power 
Management Inc., 2845 Bristol Circle, Oakville, Ontario, L6H 7H7, Telephone: 
(905) 465-4500, E-mail: APIF@algonquinpower.com, Web Page: 
www.algonquinpower.com/
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ALGONQUIN POWER & UTILITIES CORP.

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