VANCOUVER, Dec. 5 /CNW/ - A&W Revenue Royalties Income Fund (the Fund)
(TSX symbol AW.UN) today declared a cash distribution of 10.6 cents per trust
unit for the period November 1 to November 30, 2007. The distribution will be
paid to unitholders of record at the close of business on December 15, 2007,
and will be payable on December 31, 2007. For tax purposes 8.958 cents per
unit of this distribution will be other taxable income and 1.642 cents per
unit will be non-eligible dividends.
A&W Food Services of Canada Inc. (Food Services) will also receive
10.6 cents per share from A&W Trade Marks Inc. (Trade Marks) on its investment
in Trade Marks.
Food Services also announced today that it has declared dividends in the
amount of $3,000,000 to its shareholders of record on December 5, 2007. These
dividends are paid out of Food Services' available working capital. Food
Services is a privately held company.
Launched on February 15, 2002, the Fund, through its investment in Trade
Marks, is entitled to receive royalties from Food Services in the amount of 3%
of the sales of the 660 A&W restaurants in the Royalty Pool. Cash
distributions are paid monthly. A&W is the second largest quick-service
hamburger restaurant chain in Canada by number of restaurants. Operating
coast-to-coast, A&W restaurants feature famous trade-marked menu items such as
The Burger Family, Chubby Chicken and A&W Root Beer.
For further information:
For further information: Don Leslie, Chief Financial Officer, (604)
988-2141, Email: firstname.lastname@example.org, www.awincomefund.ca