Coast Wholesale Appliances Income Fund declares September cash distribution

Coast Wholesale Appliances Income Fund (the
"Fund") announced today a cash distribution of $0.10 per unit for the period
from September 1, 2005 to September 30, 2005, to be paid October 17, 2005 to
holders of record of units of the Fund on September 30, 2005. This
distribution is consistent with the amount of distributions contemplated by
the Fund in its initial public offering prospectus of June 15, 2005. The
Fund's policy is for unitholders of record on the last business day of each
month to receive distributions on or about the 15th day following the end of
such month. This is the Fund's third cash distribution and its second for a
regular calendar monthly period.

Coast Wholesale Appliances Income Fund is an unincorporated, open-ended
limited purpose trust launched on June 23, 2005 with the completion of an
initial public offering of 6,525,000 trust units. The Fund was created to
acquire and hold a 65% indirect interest in Coast Wholesale Appliances LP
(Coast), a leading independent supplier of major household appliances to
developers and builders of multi-family and single-family housing, and to
retail customers in Western Canada. Founded in 1978, Coast operates 12 branch
locations and four warehouse distribution centres across the four Western
provinces.

For further information: please contact: Jack Peck, Chief Financial
Officer, Telephone: (604) 321-6644 or jpeck@coastappliances.com

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