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Press release from Marketwire

First Asset PowerGen Fund: Distribution Press Release

Wednesday, October 20, 2010

First Asset PowerGen Fund: Distribution Press Release14:00 EDT Wednesday, October 20, 2010 TORONTO, ONTARIO--(Marketwire - Oct. 20, 2010) - First Asset PowerGen Fund (TSX:PGT.UN) announces a distribution of $0.07 per Unit for the month ending October 31, 2010. The distribution will be paid on or before November 12, 2010 to unitholders of record on October 29, 2010. FOR FURTHER INFORMATION PLEASE CONTACT: First Asset Rob MacNiven Investor Relations 416-642-1289 or 1-877-642-1289 www.firstasset.com