Clearwater Seafoods Income Fund - Notification of Fourth Quarter Results and Conference Call and Webcast


Attention Business Editors:                                                     
Clearwater Seafoods Income Fund - Notification of Fourth Quarter Results        
Conference Call and Webcast                                                     
/NOT FOR RELEASE OVER U.S. NEWSWIRE SERVICES/                                   

HALIFAX, March 17 /CNW/ - (TSX:CLR.UN): Notification of Fourth Quarter Results  
Conference Call and Webcast:                                                    

        Clearwater Seafoods Income Fund                                         
        Fourth Quarter Results Conference Call and Webcast                      
        Friday, March 28, 2008, 4:00 PM Eastern (5:00 PM Atlantic)              

The call can be accessed by dialing 1-800-732-9303 or 416-644-3417. A replay    
will be available through April 4, 2008 at 1-877-289-8525 or 416-640-1917 using 
pass code 21265425 followed by the number sign.                                 

To listen to the webcast of this event, please enter                            
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2194280 in              
your web browser.                                                               

About Clearwater                                                                

Clearwater is recognized for its consistent quality, wide diversity and reliable
delivery of premium seafood, including scallops, lobster, clams, coldwater      
shrimp, crab and groundfish.                                                    

Since its founding in 1976, Clearwater has invested in science, people,         
technology, resource ownership and resource management to preserve and grow its 
seafood resource. This commitment has allowed it to remain a leader in the      
global seafood industry.                                                        

For further information: Robert Wight, Chief Financial Officer, Clearwater,     
(902) 457-2369; or Tyrone Cotie, Director of Corporate Finance and Investor     
Relations, Clearwater, (902) 457-8181.