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Calpine Power Income Fund Announces Cash Distribution for July 2006

Posted on: Monday, 17 July 2006, 18:00 CDT

Calpine Power Income Fund (TSX: CF.UN) today announced that the cash distribution for the month of July, 2006 will be $0.0818 per trust unit.

 ----------------------------------------------------------------------- - Record Date              Distribution Date        Distribution per Unit ------------------------------------------------------------------------ July 31, 2006              August 18, 2006                      $0.0818 ------------------------------------------------------------------------ The above reflects distributions expected to be paid, however, distributions are subject to change based upon actual conditions. ------------------------------------------------------------------------ 

Calpine Power Income Fund is an unincorporated open-ended trust that invests in electrical power assets. The Fund indirectly owns interests in power generating facilities in British Columbia, Alberta and California. In addition, the Fund owns a participating loan interest in a power plant in Ontario and a promissory note issued by Calpine Canada Power Ltd. The Fund is managed by Calpine Canada Power Ltd., which is headquartered in Calgary, Alberta.

The Calpine Power Income Fund units are listed on the Toronto Stock Exchange under the symbol CF.UN.

 Contacts: Calpine Power Income Fund Toby Austin President and Chief Executive Officer (403) 296-1411 Email: ir@calpinecanada.com  Calpine Power Income Fund Lisa Winslow Interim Chief Financial Officer (403) 296-1415 Website: www.calpinepif.com

SOURCE: Calpine Power Income Fund

Source: MARKET WIRE

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