Prime Restaurants Royalty Income Fund Announces July 2009 Cash Distribution MISSISSAUGA, ONTARIO--(Marketwire - July 22, 2009) - Prime Restaurants Royalty Income Fund (TSX:EAT.UN - News) announced today that it has declared a cash distribution of $0.094 per trust unit for the period July 1, 2009 to July 31, 2009. The distribution will be made on August 17, 2009 to Unitholders of record at the close of business on July 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. Contact: John Rothschild Prime Restaurants of Canada Inc. Chairman and CEO (905) 568-0000 jrothschild@primerestaurants.com Douglas J. Black, Q.C. Prime Restaurants Royalty Income Fund Chairman of the Board of Trustees and CEO (403) 268-6879 doug.black@fmc-law.com www.primeincomefund.ca Source: Prime Restaurants Royalty Income Fund
|