Liquor Stores Income Fund
TSX : LIQ.UN

Liquor Stores Income Fund

March 07, 2007 19:22 ET

Liquor Stores Income Fund Announces March Cash Distribution

EDMONTON, ALBERTA--(CCNMatthews - March 7, 2007) - Liquor Stores Income Fund (the "Fund") (TSX:LIQ.UN) announced today a cash distribution of $0.125 per trust unit for the month of March 2007. This amount reflects the previously announced 7.1% increase in the monthly distributions from the prior level of $0.1167 per unit. This also marks the fourth time in the past twenty-two months that Liquor Stores Income Fund had increased the monthly distribution amount. The distribution will be paid on April 13, 2007, to holders of record of trust units on March 30, 2007.

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

Liquor Stores Income Fund is a publicly traded Canadian income trust fund that participates in the retail liquor industry in Alberta and British Columbia through its 75.6% interest in Liquor Stores Limited Partnership, which operates the largest number of private liquor stores in Canada by number of stores (currently 105 stores).

The Fund trades on the Toronto Stock Exchange under the symbol LIQ.UN. For additional information about Liquor Stores Income Fund, visit 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.
    Patrick de Grace
    Vice President Finance and Chief Financial Officer
    (780) 917-4179
    or
    Liquor Stores GP Inc.
    Rick Crook
    President and Chief Operating Officer
    (780) 497-3271
    Website: www.liquorstoresincomefund.ca