TO: ALL UNITHOLDERS

SUBJECT: T3 and R16 Forms - Tax Distribution for year 2002


Dear Madam/Sir,

The tax information on distributions paid in the year 2002 for Boralex Power Income Fund ("BPIF") is available on The Canadian Depository for Securities Limited ("CDS")
Website as follows :

1. www.cds.ca
2. Select "Products and Services"
3. Under "Services available to Non-Subscribers", click on "Limited Partnership and Income Trusts Reporting"
4. Select "Display Information Received Today" (located at the bottom right of the screen)

Your broker has the responsability to send you the T3 and R16 tax forms by March 31st. Please contact your broker if you do not receive your tax forms.

Hoping this is to your satisfaction.


Nicolas Fontaine
Directeur, finances /
Director, Finances