Communiqués de presse

Canadian Energy Convertible Debenture Fund Press Release

TORONTO, February 17, 2010 - Canadian Energy Convertible Debenture Fund (TSX: CFE.UN) announces its initial distribution of $0.08844 per Unit for the month ending February 28, 2010. The distribution will be paid on or before March 12, 2010 to unitholders of record on February 26, 2010.

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