News Releases

Advantage Announces Annual General and Special Meeting and Mailing of Information Circular

Jun 12, 2009


    (TSX: AVN.UN, NYSE: AAV)

    CALGARY, June 12 /CNW/ - Advantage Energy Income Fund ("Advantage" or the
"Fund") announced today that its annual general and special meeting of
Unitholders (the "Meeting") has been rescheduled to 9:00 am (MST) on Thursday,
July 9, 2009 to be held in the Wildrose North Room at the Sheraton Suites
Calgary Eau Claire, 255 Barclay Parade S.W., Calgary, Alberta.
    At the Meeting, Unitholders will be asked to consider, among other
things, the proposed conversion of the Fund to a growth oriented corporation,
pursuant to a plan of arrangement as more particularly described in the
information circular and proxy statement dated June 5, 2009 (the "Information
Circular"). The Information Circular was mailed to Unitholders on June 12,
2009 and is also available on www.sedar.com.

    Advisory

    The information in this release contains certain forward-looking
statements. These statements relate to future events or our future
performance. All statements other than statements of historical fact may be
forward-looking statements. Forward-looking statements are often, but not
always, identified by the use of words such as "seek", "anticipate", "plan",
"continue", "estimate", "expect", "may", "will", "project", "predict",
"potential", "targeting", "intend", "could", "might", "should", "believe",
"would" and similar expressions. These statements involve substantial known
and unknown risks and uncertainties, certain of which are beyond Advantage's
control, including: the impact of general economic conditions; industry
conditions; changes in laws and regulations including the adoption of new
environmental laws and regulations and changes in how they are interpreted and
enforced; fluctuations in commodity prices and foreign exchange and interest
rates; stock market volatility and market valuations; volatility in market
prices for oil and natural gas; liabilities inherent in oil and natural gas
operations; uncertainties associated with estimating oil and natural gas
reserves; competition for, among other things, capital, acquisitions, of
reserves, undeveloped lands and skilled personnel; incorrect assessments of
the value of acquisitions; changes in income tax laws or changes in tax laws
and incentive programs relating to the oil and gas industry and income trusts;
geological, technical, drilling and processing problems and other difficulties
in producing petroleum reserves; and obtaining required approvals of
regulatory authorities. Advantage's actual results, performance or achievement
could differ materially from those expressed in, or implied by, such
forward-looking statements and, accordingly, no assurances can be given that
any of the events anticipated by the forward-looking statements will transpire
or occur or, if any of them do, what benefits that Advantage will derive from
them. Except as required by law, Advantage undertakes no obligation to
publicly update or revise any forward-looking statements.

    %CIK: 0001259995



For further information:

For further information: Investor Relations, Toll free: 1-866-393-0393,
Advantage Energy Income Fund, 700, 400 - 3rd  Avenue SW, Calgary, Alberta, T2P
4H2, Phone: (403) 718-8000, Fax: (403) 718-8300, Web Site:
www.advantageincome.com, E-mail: advantage@advantageincome.com


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