Countryside Power Income Fund Stock

Countryside Power Income Fund (the Fund) is an open-ended, limited purpose trust that owns two district energy systems and two gas-fired cogeneration facilities. The district energy systems are located in Canada, with one in Charlottetown, Prince Edward Island, and one in London, Ontario, and together have approximately 122 megawatts of thermal and electric generation capacity. The cogeneration facilities consist of the Ripon cogeneration plant located near San Francisco, and the San Gabriel cogeneration plant near Los Angeles, and have approximately 94 megawatts of electric generation capacity, and sold approximately 500 billion pounds of steam during the year ended December 31, 2006. In addition, the Fund holds indirect investments in 23 renewable power generation and utility infrastructure projects located in the United States, which have approximately 52 megawatts of electric generation capacity, and sold approximately 660,000 million British thermal units of boiler fuel in 2006.