2005 Third Quarter Financial Results - Webcast and Conference Call for Investors and Analysts

                   Date: Tuesday, October 18, 2005
                       Time: 10:00 a.m. (EDT)

GATINEAU, Sept. 19 /CNW Telbec/ - You are invited to participate in Great
Lakes Hydro Income Fund's third quarter financial results Conference Call on
Tuesday, October 18, 2005 at 10:00 a.m. (EDT).
Great Lakes Hydro Income Fund will release its 2005 third quarter
financial results on October 17, 2005 after 4:00 p.m. (EDT). The results will
be available on our web site at www.greatlakeshydro.com. The conference call
will also be webcast live on our web site, where it will be archived for three
months.
To participate in the conference call, please dial 416-640-4127 or
      1-800-814-3911 toll free in North America, at 9:50 a.m. (EDT). For those
unable to participate in the Conference Call, a taped rebroadcast will also be
available until midnight October 20, 2005. To access this rebroadcast, please
call 1-877-289-8525 toll free in North America, and enter the passcode
21152853(pound key).

About Great Lakes Hydro Income Fund

Great Lakes Hydro is a premier Canadian income fund. We are the largest
power income fund in North America with 986 megawatts of power generating
capacity and an average annual production of 3,711 gigawatt hours.
Great Lakes Hydro Income Fund produces electricity exclusively from
environmentally friendly hydroelectric resources. The Fund owns, operates and
manages 24 high quality hydroelectric generating stations located on seven
river systems in four distinct geographic regions across North America:
Quebec, Ontario, British Columbia and New England.
Brascan Power, which comprises all the power operations of Brascan
Corporation, including Brascan Power Inc, owns 50.1% of the Fund's outstanding
units.
Great Lakes Hydro Income Fund units are listed for trading on the Toronto
Stock Exchange under the symbol GLH.UN.