Press Releases

First Asset Renewable Power Flow-Through Limited Partnerships Announce Results of Special Meetings of Limited Partners

TORONTO, December 17, 2007 - First Asset Renewable Power Flow-Through Limited Partnership, First Asset Renewable Power Flow-Through LP II, First Asset Renewable Power Flow-Through LP III and First Asset Renewable Power Flow-Through LP IV (collectively, the "Partnerships"; each a "Partnership") announce that at special meetings of the Limited Partners of each of the Partnerships held today, Limited Partners approved the special resolution presented to them. In particular, they approved an amendment of the Limited Partnership Agreements of each of the Partnerships granting the General Partners of each Partnership the authority to merge or otherwise combine or consolidate the Partnerships with either an issuer listed on the Toronto Stock Exchange that is focused on the power sector and managed by an affiliate of the General Partners, or a mutual fund focused on the power sector that is managed by an affiliate of the General Partners.

For more information, please call Rob MacNiven, Investor Relations at (416) 642-1289 or (877) 642-1289 or visit www.firstasset.com.