Prime Restaurants Royalty Income Fund
TSX : EAT.UN

Prime Restaurants Royalty Income Fund

October 18, 2007 09:30 ET

Prime Restaurants Royalty Income Fund Announces October 2007 Cash Distribution

MISSISSAUGA, ONTARIO--(Marketwire - Oct. 18, 2007) - Prime Restaurants Royalty Income Fund (TSX:EAT.UN) announced today that it has declared a cash distribution of $0.094 per trust unit for the period October 1, 2007 to October 31, 2007. The distribution will be made November 15, 2007 to Unitholders of record at the close of business on October 31, 2007.

About the Royalty Income Fund

Prime Restaurants Royalty Income Fund, through PRC Trademarks Inc. ("TradeMarkCo"), is entitled to receive top-line royalties of 3.25% of the gross food and beverage revenue from pooled restaurants under the terms of a 99-year licence agreement between TradeMarkCo and Prime Restaurants of Canada Inc. ("PRC"). PRC operates and franchises a diversified portfolio of casual dining restaurants and premium pubs in Canada under the East Side Mario's, Casey's, and Fionn MacCool's brands.

Contact Information