Royal LePage Franchise Services Fund
TSX : RSF.UN

Royal LePage Franchise Services Fund

April 17, 2007 18:57 ET

Royal LePage Franchise Services Fund Declares Monthly Cash Distribution to Unitholders

TORONTO, ONTARIO--(CCNMatthews - April 17, 2007) - The Royal LePage Franchise Services Fund (TSX:RSF.UN) today declared a cash distribution of $0.10 per unit for the month of April, payable on May 30, 2007 to unit holders of record on the close of business on April 30, 2007.

About the Royal LePage Franchise Services Fund

The Fund is a leading provider of services to residential real estate brokers and their Realtors. The Fund generates cash flow from franchise royalties and service fees derived from a national network of real estate brokers and agents in Canada operating under the Royal LePage and Johnston & Daniel brand names. At January 1, 2007, the Fund Network was comprised of 12,539 REALTORS operating from 600 locations. The Fund Network has an approximate 20% share of the Canadian residential resale real estate market based on transactional dollar volume. The Fund is a TSX listed income trust, which pays monthly distributions and trades under the symbol "RSF.UN". The Fund's website address is www.rsfund.ca.

Contact Information