MONTREAL, Jan. 16 /CNW Telbec/ - Aeroplan Income Fund (TSX: AER.UN)
announced today that it will release its year ended December 31, 2007
financial results on March 4, 2008. As a result of the recent acquisition of
Loyalty Management Group Limited, the U.K. based operator of the Nectar reward
program, which closed on December 20, 2007, the Fund has a statutory
requirement to file a business acquisition report (BAR) with the securities
regulatory authorities. The Fund will be reporting its December 31, 2007
results concurrently with the filing of the BAR.

    About Aeroplan Income Fund

    Aeroplan Income Fund is an unincorporated, open-ended trust established
under the laws of the Province of Ontario. Aeroplan Income Fund is the owner
of Aeroplan Limited Partnership, Canada's premier loyalty marketing company
and operator of the Aeroplan loyalty program and Loyalty Management Group
Limited, operator of Nectar, the United Kingdom's largest customer reward
program.

    About Aeroplan
    --------------

    Aeroplan is dedicated to developing and executing programs designed to
engage the loyalty of its prestigious membership. Aeroplan's millions of
members earn Aeroplan Miles with its network of more than 70 world-class
partners, representing more than 150 brands in the financial, retail, and
travel sectors. Miles earned may be redeemed for Aeroplan's industry-leading
ClassicFlight Rewards, innovative ClassicPlus Flight Rewards, and global Star
Alliance Flight Rewards, offering travel to more than 850 destinations
worldwide. In 2007 alone, more than 1.5 million round-trip flight rewards were
issued. Aeroplan's roster of non-flight rewards includes more than
400 exciting specialty, merchandise, and experiential rewards, as well as
hotel and car rental rewards. Members are encouraged to stay engaged with
Aeroplan and avoid mileage expiration due to inactivity by earning or
redeeming Aeroplan Miles at least once in any consecutive twelve-month period.
    For more information about Aeroplan, please visit www.aeroplan.com.

    About Nectar
    ------------

    Nectar is the United Kingdom's largest customer reward program. Half of
the UK's households participate in the Nectar program and 19 Nectar cards are
swiped by the program's members every second of every day. With 15 partners,
Nectar covers over 40 per cent of an average UK household's expenditure.
Nectar also operates an online loyalty programme, Nectar eStores, which offers
Nectar points from 200 online retailers including Amazon.co.uk and Nectar
Business which offers small businesses additional opportunities to earn Nectar
points on business purchases.
    For more information about Nectar, please visit www.nectar.com.
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