(TSX: AVN.UN, NYSE: AAV)

    CALGARY, Nov. 20 /CNW/ - Advantage Energy Income Fund ("Advantage" or the
"Fund") announces that the cash distribution for the month of November will be
$0.15 per Unit. The distribution represents an annualized yield of 16.9% based
on the November 19, 2007 closing price of $10.63 per Unit.
    The distribution will be payable on December 17, 2007 to Unitholders of
record at the close of business on November 30, 2007. The ex-distribution date
is November 28, 2007. The cash distribution is based on approximately
137.8 million Units outstanding.
    The CDN$0.15 per Unit is equivalent to approximately US$0.15 per Unit if
converted using a Canadian/US dollar exchange rate of 0.98. The US dollar
equivalent distribution will be based upon the actual Canadian/US exchange
rate applied on the payment date and will be net of any Canadian withholding
taxes that may apply.

    %SEDAR: 00016522E          %CIK: 0001259995