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Message #3
From: FastFun
Date: December 8, 2007 11:00:00 PM

Advantage Announces Monthly Distribution

 

(TSX: AVN.UN, NYSE: AAV)

CALGARY, Nov. 20 /PRNewswire-FirstCall/ - Advantage Energy Income Fund ('Advantage' or the 'Fund') announces that the cash distribution for the month of November will be $0.15 per Unit. The distribution represents an annualized yield of 16.9% based on the November 19, 2007 closing price of $10.63 per Unit.

The distribution will be payable on December 17, 2007 to Unitholders of record at the close of business on November 30, 2007. The ex-distribution date is November 28, 2007. The cash distribution is based on approximately 137.8 million Units outstanding.

The CDN$0.15 per Unit is equivalent to approximately US$0.15 per Unit if converted using a Canadian/US dollar exchange rate of 0.98. The US dollar equivalent distribution will be based upon the actual Canadian/US exchange rate applied on the payment date and will be net of any Canadian withholding taxes that may apply.

SOURCE Advantage Energy Income Fund


Source: PR Newswire (November 20, 2007 - 1:33 PM EST)

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