ENI.UN Energy Income Fund

ENI.UN TORONTO, Aug. 17, 2012 /CNW/ - Crown Hill Capital Corporation, the manager and trustee (the "Manager") of Energy Income Fund (the "Fund") announces a special redemption price (the "Special Redemption Price") of $4.78 for units (the "Units") of the Fund redeemed on August 16, 2012 (the "Special Redemption Date") pursuant to the special redemption. This special redemption was approved by the unitholders (the "Unitholders") of the Fund at a special meeting of Unitholders held on August 7, 2012. The Special Redemption Price is equal to 100% of the net asset value per Unit at the close of business on the Special Redemption Date less redemption costs which include a fee per Unit of 5% of the net asset value per Unit on the Special Redemption Date plus any applicable taxes. The net asset value per Unit of the Fund at the close of business on August 16, 2012 was $5.07. The Special Redemption Price will be paid on August 22, 2012. 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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