Somerset Entertainment Income Fund

Somerset Entertainment Income Fund

January 16, 2006 15:51 ET

Somerset Entertainment Income Fund Declares Cash Distribution

TORONTO, ONTARIO--(CCNMatthews - Jan. 16, 2006) - Somerset Entertainment Income Fund (TSX:SOM.UN) announced today a cash distribution of 8.33 cents per unit for the period from January 1, 2006 to January 31, 2006, to be paid February 15, 2006 to holders of record of units of the Fund at the close of business on January 31, 2006. This is the company's first distribution since it acquired Compass Productions in December 2005, representing an increase in annual distributions of 5.3%, to $1.00 per unit.

The Fund's policy is for unitholders of record on the last business day of a calendar month to receive distributions during the fifteen days following.

About Somerset Entertainment Income Fund

Somerset is the leading North American producer and distributor of specialty music sold internationally through non-traditional retailers using interactive displays. The company's extensive distribution network includes mass merchants, specialty chains and independent gift stores in more than 20 countries, including the United States and Canada. Based in Toronto, Canada, the company employs over 150 people at offices in Toronto, Buffalo Grove, Illinois, U.S.A., Minneapolis, Minnesota, U.S.A., and Essex, England.

Additional information relating to the Somerset Entertainment Income Fund, including unaudited financial information as at September 30, 2005 is available at and

Contact Information

  • Somerset Entertainment Income Fund
    Andy Burgess
    Chief Executive Officer
    416-510-6915 (FAX)
    Somerset Entertainment Income Fund
    20 York Mills Road, Suite 600
    Toronto, ON M2P 2C2