PDM Royalties Income Fund Announces Cash Distribution December 11, 2007



    MONCTON, NB, Dec. 11 /CNW/ - PDM Royalties Income Fund (the "Fund")
(TSX: PDM.UN) announced today a cash distribution of $0.12 per unit for the
month of November, 2007, this reflects an annual distribution of $1.44 per
unit. The distribution will be paid to unitholders of record at the close of
business on December 21, 2007 and will be payable on or before December 31,
2007.
    For those unitholders holding units outside a tax deferred plan, the Fund
estimates that the 2007 distributions will be treated approximately as 80%
taxable income and 20% as a return of capital. The proportion of these figures
may change when the actual results for the fiscal year are calculated.

    PDM Royalties Income Fund (the "Fund") is a limited purpose open-ended
trust established under the laws of Ontario. The Fund makes monthly
distributions of its available cash to holders of units. The Fund indirectly
owns the trade marks and intellectual property for the Pizza Delight(R),
Mikes (R), Scores(R) and Baton Rouge(R) brands and has licensed them to
Imvescor Inc. in consideration for a royalty equal to 4% of system sales for
Pizza Delight and Mikes, and in the case of Scores and Baton Rouge, the
royalty rate is 6%.

    Imvescor Inc. is a privately owned corporation, headquartered in Moncton,
New Brunswick. It operates franchised and corporate restaurants under the
brand names Pizza Delight, Mikes, Scores, and Baton Rouge restaurants. Pizza
Delight operates primarily in Atlantic Canada, where it dominates the
family/mid-scale segment. Mikes and Scores restaurants operate primarily in
Quebec in the family and casual dining segments and the take-out and delivery
segments. Baton Rouge has operations in Quebec and Ontario in the high end
casual segment.
    %SEDAR: 00018600E




For further information:

For further information: PDM Royalties Income Fund: William Lane, CMA,
Chief Financial Officer, (506) 853-0990, blane@imvescor.ca; Or visit our web
sites: www.pdmfund.ca, www.pizzadelight.ca, www.mikes.ca, www.scores.ca or
www.batonrougerestaurants.com

Organization Profile

PDM ROYALTIES INCOME FUND

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IMVESCOR INC.

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