Great Lakes Hydro Income Fund Declares Cash Distribution for January 2009

GATINEAU, Quebec, January 21, 2009 (GLH.UN) - Great Lakes Hydro Income Fund today declared a cash distribution of 10.417 cents per unit for the month of January 2009, payable by February 27, 2009 to unitholders of record on January 31, 2009. The ex-distribution date is January 28, 2009.

The schedule below sets out Great Lakes Hydro Income Fund's cash distribution history for the last six months:

RECORD DATE	PAYMENT DATE	DISTRIBUTION PER UNIT
January 31, 2009	February 27, 2009	10.417 cents
December 31, 2008	January 30, 2009	10.417 cents
November 30, 2008	December 31, 2008	10.417 cents
October 31, 2008	November 28, 2008	10.417 cents
September 30, 2008	October 31, 2008	10.417 cents
August 31, 2008	September 30, 2008	10.417 cents

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About Great Lakes Hydro Income Fund

Great Lakes Hydro (www.greatlakeshydro.com) is a premier Canadian income fund. We are the largest power income fund in North America with 1,021 megawatts of power generating capacity and an average annual production of 3,912 gigawatt hours.

Great Lakes Hydro Income Fund produces electricity exclusively from environmentally friendly hydroelectric resources. The Fund owns, operates and manages 26 high quality hydroelectric generating stations located on eight river systems in four distinct geographic regions across North America: Quebec, Ontario, British Columbia and New England.

Brookfield Renewable Power, which comprises all the power operations of Brookfield Asset Management, owns 50.1% of the Fund’s outstanding units.

Great Lakes Hydro Income Fund units are listed for trading on the Toronto Stock Exchange under the symbol GLH.UN.

Unitholder enquiries should be directed to Zev Korman, Director, Investor Relations and Communications at (416) 359-1955 or unitholderenquiries@greatlakeshydro.com.

Web Site: www.greatlakeshydro.com