Liquor Stores Income Fund
TSX : LIQ.UN

Liquor Stores Income Fund

February 16, 2005 12:12 ET

Liquor Stores Income Fund Announces February Cash Distribution

EDMONTON, ALBERTA--(CCNMatthews - Feb. 16, 2005) - Liquor Stores Income Fund (the "Fund")
(TSX:"LIQ.UN") announced today a cash distribution of $0.0833 per trust unit for the month
of February, 2005. The distribution will be paid on March 15, 2005 to holders of record
of trust units on February 28, 2005. The Fund's trust units will commence trading on an
ex-distribution basis on February 24, 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.

The Fund is an open-ended trust that holds, indirectly, securities of Liquor Stores Limited
Partnership ("Liquor Stores LP"). Liquor Stores LP is Alberta's largest liquor store retailer
with 50 stores. The trust units of the Fund trade on the Toronto Stock Exchange under the
symbol "LIQ.UN". Additional information about Liquor Stores Income Fund is available at
www.sedar.com.

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