Montréal, November 11, 2004 – (TSX: BPT.UN) Boralex Power Income Fund (the “Fund”) announces that a conference call for financial analysts, to present its 2004 third quarter results, will be held on Monday, November 15, 2004 at 3:00 p.m.

Financial analysts are invited to participate in the call by dialing 514-940-2795 or 1-800-814-4859. The media and other interested individuals can listen live. A recording of the conference call will be available until November 22, 2004, by dialing 1-416-640-1917 or 1-877-289-8525, access code: 21101407.

The 2004 third quarter results will be released on November 15, 2004.

Boralex Power Income Fund is an unincorporated open-ended trust that indirectly owns ten power generating stations located in the province of Québec and the United States producing energy from different sources including wood-residue or natural gas-fired thermal and cogenerating facilities as well as hydroelectric power stations. In total, these power stations have an installed capacity of 190.0 MW. The Fund’s units are listed for trading on The Toronto Stock Exchange under the symbol BPT.UN.