Premium Brands Income Fund

Premium Brands Income Fund

January 23, 2006 15:25 ET

Premium Brands Income Fund Announces January 2006 Distribution

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 23, 2006) - Premium Brands Income Fund (TSX:PBI.UN) announced today a cash distribution of $0.098 per unit for the month of January, 2006. The distribution will be made to unitholders of record at the close of business on January 31, 2006 and will be payable on February 15, 2006.

Based on a January 20, 2006 unit closing price of $9.25 per unit, the $0.098 per unit distribution equates to an annualized yield of 12.7%.

Premium Brands is a leading manufacturer and marketer of a broad range of branded specialty food products and has manufacturing facilities located in British Columbia, Alberta, Saskatchewan, Manitoba and Oregon. In addition, it operates proprietary food distribution networks through which it distributes both its own products and those of third parties.

FORWARD-LOOKING STATEMENTS: Statements made by Premium Brands Income Fund that look forward in time or include anything other than historical information, involve risks and uncertainties that may affect Premium Brands' actual results of operations. For additional details on these risks and uncertainties please refer to Premium Brands' Prospectus dated July 15, 2005 which is filed electronically through SEDAR. It and additional information on Premium Brands is available online at Premium Brands disclaims any intention or obligations to revise forward-looking statements whether as a result of new information, future developments, or otherwise.

Contact Information

  • Premium Brands Income Fund
    George Paleologou
    (604) 656-3100
    Premium Brands Income Fund
    Will Kalutycz
    (604) 656-3100