ENI.UN Energy Income Fund

CRT.UN & ENI.UN TORONTO, March 22, 2012 /CNW/ - Crown Hill Capital Corporation, the administrative agent of Citadel SMaRT Fund (the "Smart Fund") and the manager of Energy Income Fund (the "Continuing Fund") announced today the exchange ratio in connection with the merger of Smart Fund with the Continuing Fund (the "Merger"). The effective date of the Merger is March 23, 2012. Unitholders of Smart Fund will receive units of the Continuing Fund based on the following exchange ratio: For each unit of Smart Fund the unitholder will receive 3.074 units of the Continuing Fund. Fractional units will not be issued and entitlements will be rounded down to the nearest whole unit. For unitholders of Smart Fund who have elected to receive the cash alternative, the per unit redemption price is $17.45. 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. Citadel SMaRT Fund CONTACT: please contact the Investor Relations department at 416.361.9673ortoll-free at 1.877.261.9674.

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