Clearwater Seafoods Income Fund announces December 2007 distribution

 | Source: Clearwater Finance Inc. Clearwater Finance Inc. 

Clearwater Seafoods Income Fund announces December 2007 distribution            
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES/                                                              
                                                                                
    HALIFAX, December 19 /CNW/ - (TSX:CLR.UN): Clearwater Seafoods Income Fund  
(the "Fund") announced today a cash distribution of 5.00 cents per unit for     
the month of December 2007, payable on or before January 15, 2007 to unitholders
of record on December 31, 2007.                                                 
    Clearwater's policy is to pay the monthly distributions within 15 days      
following each month end. Holders of units who are non-residents of Canada      
will be required to pay all withholding taxes payable in respect of any         
distributions of income by the Fund.                                            

    About Clearwater                                                            

    Clearwater is recognized for its consistent quality, wide diversity and     
reliable delivery of premium seafood, including scallops, lobster, clams, cold  
water 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; Tyrone Cotie, Director of Corporate Finance and     
Investor Relations, Clearwater, (902) 457-8181
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