Energy Income Fund Announces Increased Normal Course Issuer Bid

    




 ENI.UN 

 TORONTO, March 28, 2012 /CNW/ - Crown Hill Capital Corporation, the  Manager and Trustee of Energy Income Fund (the "Trust"), announced  today that it has received approval from the Toronto Stock Exchange to  increase the number of units which may be purchased under its normal  course issuer bid from 637,040 units, representing approximately 10% of  the public float of 6,370,399 units as of November 16, 2011 to  1,284,988 units, representing approximately 10% of the public float of  12,849,879 units as of March 23, 2012. Additionally, the Trust may not  purchase more than 257,430 units in any 30 day period, representing 2%  of the issued and outstanding units. 

 The Trust is increasing its normal course issuer bid to provide  increased liquidity for the benefit of investors.  The number of units  purchased under the normal course issuer bid from November 21, 2011 to  March 23, 2012 was 400,500 at a weighted average price of $5.07. 

 These purchases will be made in accordance with applicable regulations  over a maximum period ending November 20, 2012. 

 Certain statements contained in this news release constitute  forward-looking information within the meaning of Canadian securities  laws. 

 Forward-looking information may relate to matters disclosed in this  press release and to other matters identified in public filings  relating to the Fund, to the future outlook of the Fund and anticipated events or  results and may include statements regarding the future financial  performance of the Fund. In some cases, forward-looking information can be  identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential",  "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking  information. 

Energy Income Fund


CONTACT:  please contact the Investor Relations department at 416.361.9673ortoll-free at 1.877.261.9674. 


    

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