Prime Restaurants Royalty Income Fund
TSX : EAT.UN

Prime Restaurants Royalty Income Fund

January 20, 2006 16:00 ET

Prime Restaurants Royalty Income Fund Announces January Cash Distribution

MISSISSAUGA, ONTARIO--(CCNMatthews - Jan. 20, 2006) - Prime Restaurants Royalty Income Fund (TSX:EAT.UN) announced today that it has declared a cash distribution of $0.094 per trust unit for the period January 1, 2006 to January 31 2006. The distribution will be made February 15, 2006 to Unitholders of record at the close of business on January 31 2006.

About the Royalty Income Fund

Prime Restaurants Royalty Income Fund, through its subsidiary PRC Trademarks Inc. ("TradeMarkCo"), is entitled to receive top-line royalties of 3.25% of the gross food and beverage revenue from pooled restaurants under the terms of a 99-year licence agreement between TradeMarkCo and Prime Restaurants of Canada Inc. ("PRC"). PRC operates and franchises a diversified portfolio of casual dining restaurants and premium pubs in Canada under the well recognized East Side Mario's, Casey's, and Fionn MacCool's brands.

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