Innergex Power Income Fund announces its distribution for October 2008

LONGUEUIL, QC, Oct. 21 /CNW Telbec/ - Innergex Power Income Fund (TSX: IEF-UN.TO) (the "Fund") has declared today its October cash distribution in the amount of $0.0833 per trust unit, representing $1.00 on an annual basis. This distribution is for the period between October 1, 2008 and October 31, 2008.

The distribution will be paid on November 25, 2008 to the unitholders of records at the close of business on October 31, 2008.

Innergex Power Income Fund is an open-ended income trust that indirectly owns interests in 10 hydroelectric power-generating facilities and two wind farms. The Fund's net installed capacity is 210 MW. Approximately 27% of total annual production comes from wind energy. The Fund's units are traded on the Toronto Stock Exchange under the symbol IEF.UN. The hydroelectric facilities and wind farms are managed by Innergex Renewable Energy Inc., the manager, under long-term agreements with the Fund.

Contacts

Mr. Jean Trudel
Vice President - Finance and Investor Relations
Innergex Renewable Energy Inc.
Manager of the Fund
(450) 928-2550
ext. 252
info@innergex.com
www.innergex.com