News Release

Macquarie Power Income Fund Files Revised Interim Financial Statements Adding Comparative Information

TORONTO, November 18 2005 – Macquarie Power Income Fund (TSX: MPT.UN - the “Fund”) today announced that it has filed revised interim financial statements for the second quarter of 2005 with the Ontario Securities Commission.

The revised statements were filed as a result of a regulatory review which required additional comparative information relating to the two-month period in the second quarter of 2004 during which the Fund indirectly owned the 156 megawatt gas-fired combined cycle cogeneration plant located in Cardinal, Ontario.

There were no other changes required in the Fund’s previously announced and filed financial information. The revised financial statements for the second quarter of 2005 have been posted on SEDAR and may be viewed at www.sedar.com.

About Macquarie Power Income Fund
Macquarie Power Income Fund is an unincorporated limited purpose trust which owns a 156 MW gas-fired cogeneration power station located in Cardinal, Ontario and a 45% indirect interest in Ontario long-term care provider Leisureworld. The Fund’s units are listed on the Toronto Stock Exchange under the symbol MPT.UN. The Fund is managed by Macquarie Power Management Ltd., a wholly-owned subsidiary of Macquarie Bank Limited and a member of the Macquarie group.

More information on Macquarie Power Income Fund can be found at the Fund’s website, www.macquarie.com/mpt.

For further information, please contact:

Harry Atterton
Chief Financial Officer
Macquarie Power Management Ltd.
Tel: (416) 607-5198

Alex Doughty
Corporate Communications
Macquarie group
Tel: (212) 231-1710