MONTREAL, May 4 /CNW Telbec/ - Aeroplan Income Fund (TSX: AER.UN) will
hold a conference call for analysts on Thursday, May 10, 2007 to discuss first
quarter 2007 results. Immediately following a presentation by Rupert Duchesne,
President and CEO, and Pierre Duhamel, Executive Vice-President and Chief
Financial Officer, management will be available to address analysts'
questions. Media and interested participants may access this call on a
listen-in basis. Details are as follows:

    ANALYST CONFERENCE CALL / AUDIO WEBCAST


    Date:           Thursday, May 10, 2007

    Time:           10 h 00 ET

    By telephone:   1-877-888-3855 toll free or 416-695-5261 for the Toronto
                    area. Please allow 10 minutes to be connected to the
                    conference call.

    Webcast:        http://events.startcast.com/events/20/B0047. Note: this
                    is a listen-only audio webcast. Media Player or Real
                    Player is required to listen to the broadcast; please
                    download well in advance of the call.

    Replay:         Instant replay will be available, beginning approximately
                    one hour after the call, at 1-888-509-0081,
                    pass code 643683 #, toll free or
                    416-695-5275, pass code 643683 #, until
                    midnight ET on June 10, 2007.

    Note:           A slide presentation intended for simultaneous viewing
                    with the conference call will be available for viewing on
                    May 10, 2007 at http://corp.aeroplan.com/results.cfm.