TORONTO, ONTARIO--(Marketwire - Sept. 20, 2010) - First Asset PowerGen Fund (TSX:PGT.UN) announces a distribution of $0.07 per Unit for the month ending September 30, 2010. The distribution will be paid on or before October 15, 2010 to unitholders of record on September 30, 2010.

FOR FURTHER INFORMATION PLEASE CONTACT:

First Asset
Rob MacNiven
Investor Relations
416-642-1289 or 1-877-642-1289
www.firstasset.com