Liquor Stores Income Fund
TSX : LIQ.UN

Liquor Stores Income Fund

August 15, 2005 18:32 ET

Liquor Stores Income Fund Announces August Cash Distribution

EDMONTON, ALBERTA--(CCNMatthews - Aug. 15, 2005) - Liquor Stores Income Fund
(the "Fund") (TSX:LIQ.UN) announced today a cash distribution of $0.08958 per
trust unit for the month of August, 2005. The distribution will be paid on
September 15, 2005 to holders of record of trust units on August 31, 2005.

The Fund's policy is to pay cash distributions on or about the 15th of each
month to unitholders of record on the last business day of the preceding month.

About Liquor Stores Income Fund

The Fund is a publicly traded Canadian Income Fund that participates in the
retail liquor industry in Alberta and British Columbia through its 59.34%
interest in Liquor Stores Limited Partnership ("Liquor Stores LP"). Liquor
Stores Income Fund is Canada's only publicly traded entity with interests
exclusively in the retailing of liquor products.

The Fund is the largest liquor retailer in Alberta by number of stores. The Fund
currently operates 66 stores, 3 of which are located in British Columbia.

The Fund's Units trade on the Toronto Stock Exchange under the symbol LIQ.UN.

Additional information about Liquor Stores Income Fund is available at
www.sedar.com and the Fund's website at www.liquorstoresincomefund.ca.

Contact Information

  • Liquor Stores GP Inc.
    Irv Kipnes
    Chief Executive Officer
    (780) 944-9994 ext. 6
    or
    Liquor Stores GP Inc.
    Tom Orysiuk
    Chief Financial Officer
    (780) 917-4179