Notice of SIR Royalty Income Fund's 2008 Second Quarter Results Conference Call



    BURLINGTON, ON, Aug. 8 /CNW/ - SIR Royalty Income Fund (TSX: SRV.UN)
("the Fund") will release its fiscal 2008 second quarter financial results via
www.newswire.ca following the close of markets on August 14th, 2008.
Management of the Fund will host a conference call on August 15th at 10:00
a.m. (EDT) to review the financial results. The call will be hosted by Peter
Fowler, Chief Executive Officer ("CEO"), and Jeff Good, Chief Financial
Officer ("CFO").
    A live audio webcast of the conference call will be available through
www.sircorp.com . Please connect at least 15 minutes prior to the conference
call to ensure adequate time for any software download that may be needed to
hear the webcast.  An archived replay of the webcast will be available for 90
days.
    A taped replay of the conference call will also be available until Friday
August 22nd at midnight by calling  1-877-289-8525 or 416-640-1917, reference
number 21278225 followed by the number sign.

    About SIR Corp.

    SIR is a privately held Canadian corporation that owns and operates a
portfolio of 43 restaurants in Canada. SIR's concept brands include: Jack
Astor's Bar and Grill(R), with 27 locations; Alice Fazooli's!(R), with five
locations; and Canyon Creek Chop House(R), with eight locations. SIR also
operates one-of-a-kind "signature" brands in downtown Toronto, which comprise
the upscale reds(R), Far Niente(R)/Four(TM) & Petit Four(TM), and the Loose
Moose Tap & Grill(R). All trademarks related to the concept and signature
brands noted above are used by SIR under a license agreement with SIR Royalty
Limited Partnership in consideration for a Royalty, payable by SIR to the
Partnership, equal to six percent of the revenue of the 39 restaurants
currently included in the Royalty pool. For more information on SIR Corp. or
the SIR Royalty Income Fund, please visit www.sircorp.com.

    About SIR Royalty Income Fund

    The Fund is a trust governed by the laws of the province of Ontario that
receives distribution income from its investment in the SIR Royalty Limited
Partnership and interest income from the SIR Loan. The Fund intends to pay
distributions to unitholders on a monthly basis.

    %SEDAR: 00020914E




For further information:

For further information: Jeff Good, Chief Financial Officer, SIR Corp.,
Tel: (905) 681-2997; Bruce Wigle, Investor Relations, Tel: (416) 815-0700 ext.
228, Email: bwigle@equicomgroup.com


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