January 9, 2007
STOCK SYMBOL: GLH.UN

Conference Call and Webcast for Investors and Analysts - 2006 Year-end Financial Results

Wednesday, February 7, 2007
Time: 10:00 a.m. (ET)

GATINEAU, QC, January 9, 2007 – You are invited to participate in Great Lakes Hydro Income Fund's year-end Conference Call and Webcast on Wednesday, February 7, 2007 at 10:00 a.m.(ET).

Great Lakes Hydro Income Fund will release its 2006 financial results on February 6, 2007 after 5:00 p.m. These results will be available on our web site at http://www.greatlakeshydro.com/en/news/indes.asp.

To participate in the Conference Call, please dial 416-644-3423 or 1-800-732-9307 toll free in North America, at 9:50 a.m. (ET). For those unable to participate in the Conference Call, a taped rebroadcast will be available until midnight February 9, 2007. To access this rebroadcast, please call 1-877-289-8525 toll free in North America, and enter the passcode 21215564#. The Conference Call will also be webcast live on our web site, where it will be archived for three months.

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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 1,015 megawatts of power generating capacity and an average annual production of 3,874 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 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.



For further information:
Grace Pollock
Director, Corporate Communications and Investor Relations
819-561-8072, unitholderenquiries@greatlakeshydro.com