Cineplex Galaxy Income Fund

Cineplex Galaxy Income Fund

October 20, 2005 07:01 ET

Cineplex Galaxy Income Fund Announces its October 2005 Distribution

TORONTO, ONTARIO--(CCNMatthews - Oct. 20, 2005) -

Not for release over US newswire services

Cineplex Galaxy Income Fund (TSX:CGX.UN) announced today its cash distribution of $0.0958 per unit for the month of October 2005, payable on November 30, 2005 to unit holders of record on October 31, 2005.

The Fund's policy is for unit holders of record on the last business day of a calendar month to receive distributions during the thirty days following the end of such month. Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the Fund.

The Fund currently owns an approximate 50.5% interest in Cineplex Entertainment LP. The Partnership currently owns, operates or has an interest in 129 theatres with 1,263 screens (after giving effect to the 7 theatres and 80 screens in Quebec to be divested) and is the largest film exhibition company in Canada. The Partnership operates theatres with the following six top-tier brands: Cineplex Odeon, Coliseum, Colossus, Famous Players, Galaxy and SilverCity.

Further information can be found in the disclosure documents filed by Cineplex Galaxy Income Fund with the securities regulatory authorities, available at

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