Energy Plus Income Trust Announces Distribution

CALGARY, ALBERTA--(Marketwire - Aug. 21, 2008) - Energy Plus Income Trust (TSX: EPF-UN.TO) (the "Fund") reports the distribution to unitholders of record at the close of business on August 31, 2008 and payable September 15, 2008 is $0.0833 Cdn per trust unit.

Throughout the month of July 2008, Energy Plus repurchased 32,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at August 14, 2008, the Fund's net asset value was $8.05 Cdn per trust unit. The current portfolio consists of 76% oil & gas royalty trusts, 12% oil & gas service trusts, and 6% energy corporations, and 6% cash and cash equivalents.

Contacts

Joe MacDonald
Energy Plus Income Trust
Executive Vice President, Sales and Marketing
1-877-261-9674
Website: www.citadelfunds.com