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ARCTIC GLACIER TO HOLD FOURTH QUARTER AND YEAREND RESULTS CONFERENCE CALL AND WEBCAST

Winnipeg, February 26, 2008 – Arctic Glacier Income Fund (TSX:AG.UN) today announced it will hold a live webcast of a conference call on Friday, March 7, 2008, at 11 a.m. ET to discuss the Fund’s fourth quarter and fiscal 2007 year end results.

The results will be released the same day prior to the opening of markets.

The event will be hosted by Keith McMahon, President and Chief Executive Officer, and Doug Bailey, Chief Financial Officer.

To listen to the webcast, visit the Fund’s investor website at www.arcticglacierinc.com or dial toll-free at 1-800-594-3615 or 416-644-3425.

An audio replay of the conference call will be available until midnight on Friday, March 14, 2008. To access it, dial 416-640-1917 or 1-877-289-8525 and enter passcode 21264586#.

Arctic Glacier Income Fund, through its operating company, Arctic Glacier Inc., is a leading producer, marketer and distributor of high-quality packaged ice in North America under the brand name of Arctic Glacier® Premium Ice. Arctic Glacier operates 37 production plants and 50 distribution facilities across Canada and the northeast, central and western United States servicing more than 70,000 retail accounts.

Arctic Glacier Income Fund trust units are listed on the Toronto Stock Exchange under the trading symbol AG.UN. There are 38.9 million trust units outstanding.

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Contact Information
Keith McMahon, President & CEO
Doug Bailey, Chief Financial Officer
Toll free investor relations phone: 1-888-573-9237

www.arcticglacierinc.com

The Toronto Stock Exchange does not approve or disapprove of the adequacy or accuracy of this release.