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ARCTIC GLACIER INCOME FUND TO HOLD ANNUAL MEETING ON APRIL 24 IN WINNIPEG

WINNIPEG, March 28, 2008 – Arctic Glacier Income Fund (TSX:AG.UN) will hold its annual general meeting of unitholders on Thursday, April 24, 2008 in Winnipeg.

The session will take place in the Wellington Ballroom of the Fairmont Winnipeg Hotel, with proceedings scheduled to begin at 2:00 p.m. CDT.

Following the formal meeting, Keith McMahon, President and Chief Executive Officer, and Doug Bailey, Chief Financial Officer, will review the progress and financial performance of the Fund in 2007 and provide an outlook for the balance of 2008.

For those unable to attend in person, the meeting will be webcast live on the Fund’s website at www.arcticglacierinc.com. The full proceedings will be streamed with accompanying slides, and will also be archived on the site. Instructions for accessing the event will be provided on the web site.

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 51 distribution facilities across Canada and the central, midwest and northeastern 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.