Press Releases

First Asset PowerGen Fund: Press Release

TORONTO, January 21, 2009 - First Asset PowerGen Fund (TSX: PGT.UN) announces a distribution of $0.07 per Unit for the month ending January 31, 2009. The distribution will be paid on or before February 13, 2009 to unitholders of record on January 30, 2009.

For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.