TMX group

CALGARY, April 12 /CNW/ - AltaGas Income Trust (AltaGas or the Trust)
(TSX: ALA.UN) announced today that a monthly distribution will be paid on
May 15, 2006 to holders of record on April 25, 2006, of Trust Units and
limited partnership units that are exchangeable into Trust Units (Exchangeable
Units). The amount of the distribution will be $0.165 for each Trust Unit and
each Exchangeable Unit.
AltaGas has adopted Premium Distribution(TM), Distribution Reinvestment
and Optional Unit Purchase Plans (the Plans) for eligible holders of Trust
Units and Exchangeable Units (collectively Unitholders) of AltaGas Income
Trust, and AltaGas Holding Limited Partnership No. 1.
To participate in either of the Plans, registered Unitholders must
deliver the appropriate properly completed and signed authorization forms
provided by AltaGas for such purpose to Computershare Trust Company of Canada
no later than 3:00 p.m. (Calgary time) on the business day immediately
preceding a distribution record date in order for the cash distribution or
cash payment to which such record date relates to be reinvested or invested,
as the case may be, under the applicable Plan. Beneficial owners of Trust
Units or Exchangeable Units (i.e. owners of Trust Units or Exchangeable Units
that are held through a nominee such as a broker or custodian) who wish to
participate in the applicable Plan should contact their broker, investment
dealer, financial institution or other nominee who hold their Trust Units or
Exchangeable Units to provide instructions regarding their participation in
the applicable Plan. See additional information on the Plans on AltaGas'
website at www.altagas.ca.

AltaGas Income Trust is one of Canada's largest and fastest growing
integrated energy infrastructure and services organizations. The Trust creates
value by growing and optimizing assets and services across the energy value
chain to serve North America's energy demand. Since 1994, AltaGas Income Trust
has expanded its business to include natural gas gathering, processing and
transmission, extraction of ethane and natural gas liquids, power generation,
marketing of natural gas and natural gas liquids, as well as retail energy
services to commercial, industrial and institutional end-users across Canada.
AltaGas Income Trust's units are listed on the Toronto Stock Exchange
under the symbol ALA.UN. The Trust is included in the S&P/TSX Composite Index,
the S&P/TSX Capped Income Trust Index and the S&P/TSX Capped Energy Trust
Index.

This news release contains forward-looking statements. When used in this
news release, the words "may", "would", "could", "will", "intend", "plan",
"anticipate", "believe", "seek", "propose", "estimate", "expect", and similar
expressions, as they relate to the Trust or an affiliate of the Trust, are
intended to identify forward-looking statements. In particular, this news
release contains forward-looking statements with respect to, among other
things, business objectives, expected growth, results of operations,
performance, business projects and opportunities and financial results. These
statements involve known and unknown risks, uncertainties and other factors
that may cause actual results or events to differ materially from those
anticipated in such forward-looking statements. Such statements reflect the
Trust's current views with respect to future events based on certain material
factors and assumptions and are subject to certain risks and uncertainties,
including without limitation, changes in market, competition, governmental or
regulatory developments, general economic conditions and other factors set out
in the Trust's public disclosure documents. Many factors could cause the
Trust's actual results, performance or achievements to vary from those
described in this news release, including without limitation those listed
above. These factors should not be construed as exhaustive. Should one or more
of these risks or uncertainties materialize, or should assumptions underlying
forward-looking statements prove incorrect, actual results may vary materially
from those described in this news release as intended, planned, anticipated,
believed, sought, proposed, estimated or expected, and such forward-looking
statements included in, or incorporated by reference in this news release,
should not be unduly relied upon. Such statements speak only as of the date of
this news release. The Trust does not intend, and does not assume any
obligation, to update these forward-looking statements. The forward-looking
statements contained in this news release are expressly qualified by this
cautionary statement.