Communiqués de presse

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

TORONTO, November 19, 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 special meetings of the Limited Partners of each of the Partnerships will be held on December 7, 2007. If required, adjourned meetings will be held on December 17, 2007.

At the special meetings, Limited Partners will be asked to consider and approve the 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.

Limited Partners of record on November 7, 2007 will shortly receive a Notice and Management Information Circular dated November 12, 2007, which outlines the matters to be considered at the meeting. A copy of the Notice and Management Information Circular is available on www.sedar.com.

For more information, please call Paul Dinelle (Executive Vice-President) at (416) 642-1289 or (877) 642-1289, or visit www.firstasset.com.