Energy Income Fund Announces Special Meeting of Unitholders to Vote on Amendments to Declaration of Trust

    




 TSX: ENI.UN 

 TORONTO, July 18, 2012 /CNW/ - Crown Hill Capital Corporation, the  manager and trustee of Energy Income Fund (the "Fund"), announces that  they have called a special meeting of holders (the "Unitholders") of  units of the Fund (the "Units") for August 7, 2012 at 9:00 a.m.  (Toronto time) (the "Meeting"). 

 The purpose of the Meeting is to consider and, if thought appropriate,  approve amendments to the amended and restated declaration of trust of  the Fund amended and restated as of October 4, 2010 (the "Declaration  of Trust") including to: 





        a) provide the right for Unitholders to voluntarily elect to
           receive an unlimited cash redemption of their Units at 100% of
           the net asset value per Unit less retraction costs including a
           fee per Unit of 5% of the net asset value per Unit plus
           applicable taxes;

            

        b) implement a series of minority unitholder protections including
           a requirement that ordinary and extraordinary resolutions
           require affirmative votes of 50% and 66 2/3% of Beneficial
           Holders (as such term is defined in the Declaration of Trust)
           respectively other than Beneficial Holders who are "Interested
           Parties" as defined in the resolution attached as Appendix "A"
           to the management information circular of the Fund dated July 4,
           2012 (the ''Circular'');

            

        c) amend the provisions relating to the termination and replacement
           of the manager of the Fund; and

            

        d) make a number of other amendments to the Declaration of Trust,






  

 all as further described in the resolution attached as Appendix "A" to  the Circular and in the form of amendment to the Declaration of Trust  attached thereto as Schedule 1. 

 The record date for the meeting was July 3, 2012.  The Circular was  mailed to all Unitholders of record on July 17, 2012 and is also  available for review on the System for Electronic Document Analysis and  Retrieval (SEDAR).  Unitholders are encouraged to refer to the Circular  for further information about the Meeting and the matters to be voted  upon. 

 Beneficial holders of Units should contact their financial advisors with  respect to instructions on how to vote at the Meeting. 

 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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