Boston Pizza International Inc.

Boston Pizza International Inc.
Boston Pizza Royalties Income Fund
TSX : BPF.UN

Boston Pizza Royalties Income Fund

June 24, 2014 17:00 ET

Boston Pizza International Inc. Declares Dividends

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2014) - Boston Pizza International Inc. ("BPI") announced today that it has declared and paid dividends in the amount of $27,929,226 to the shareholders of record on June 23, 2014. These dividends were paid out of BPI's available working capital. BPI is a privately held company and licensee of the Boston Pizza trade marks from Boston Pizza Royalties Limited Partnership ("BPRLP"). These dividends declared by BPI are separate and distinct from distributions declared by Boston Pizza Royalties Income Fund (the "Fund") (TSX:BPF.UN) to unitholders of the Fund, and accordingly, is payable to the shareholders of BPI and not unitholders of the Fund.

BPI currently holds a 10.6% interest in the Boston Pizza Royalties Income Fund indirectly through its interest in BPRLP.

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