Prime Restaurants Royalty Income Fund
TSX : EAT.UN

Prime Restaurants Royalty Income Fund

November 20, 2007 16:30 ET

Prime Restaurants Royalty Income Fund Announces November 2007 Cash Distribution

MISSISSAUGA, ONTARIO--(Marketwire - Nov. 20, 2007) - 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 November 1, 2007 to November 30, 2007. The distribution will be made December 17, 2007 to Unitholders of record at the close of business on November 30, 2007.

About the Royalty Income Fund

Prime Restaurants Royalty Income Fund, through 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 East Side Mario's, Casey's, and Fionn MacCool's brands.

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