Prime Restaurants Royalty Income Fund Announces August 2009 Cash Distribution

Thu Aug 20, 11:07 AM

MISSISSAUGA, ONTARIO--(Marketwire - Aug. 20, 2009) - Prime Restaurants Royalty Income Fund (TSX: EAT-UN.TO) announced today that it has declared a cash distribution of $0.094 per trust unit for the period August 1, 2009 to August 31, 2009. The distribution will be made on September 15, 2009 to Unitholders of record at the close of business on August 31, 2009.

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.

Contacts

John Rothschild
Prime Restaurants of Canada Inc.
Chairman and CEO
(905) 568-0000
Email: jrothschild@primerestaurants.com

Douglas J. Black, Q.C.
Prime Restaurants Royalty Income Fund
Chairman of the Board of Trustees and CEO
(403) 268-6879
Email: doug.black@fmc-law.com
Website: www.primeincomefund.ca