Priszm announces monthly distribution for June 2007



    TORONTO, June 18 /CNW/ - Priszm Income Fund (TSX: QSR.UN) today announced
a cash distribution for the month of June 2007 of $0.1067 per unit payable on
July 16, 2007 to Ordinary and Exchangeable Unitholders of record on June 29,
2007. The June distribution is the 43rd consecutive cash distribution declared
since Priszm began operations on November 10, 2003.
    Priszm also announced a cash distribution of $0.3201 per unit to holders
of Subordinated Limited Partnership Units of record on June 29, 2007 payable
on July 16, 2007.

    About Priszm Income Fund

    Priszm Income Fund (TSX: QSR.UN) has a 60.2 per cent interest in Priszm
LP, which owns and operates 483 quick service restaurants in seven provinces
across Canada. The KFC, Taco Bell, Pizza Hut and Long John Silver's
restaurants under Priszm generate annual revenues exceeding $500 million,
serve 1.5 million customers a week and employ more than 9,000 people.
Currently, 94 locations are multi-branded, combining two or more of the Fund's
restaurant concepts. To find out more about Priszm Income Fund (TSX: QSR.UN),
visit our website at http://www.priszm.com.

    Forward-Looking Statements

    Any forward-looking statements in this document are based on current
expectations that are subject to significant risks and uncertainties that are
difficult to predict. Actual results might differ materially from projections
suggested in any forward-looking statements due to factors such as the
competitive nature of the quick service restaurant industry, the ability of
Priszm and Priszm LP to execute a growth and development strategy, the
reliance of Priszm and Priszm LP on key personnel, the terms and conditions of
Priszm LP's franchise arrangements, and risk associated with the structure of
income trusts. Priszm and Priszm LP assume no obligation to update the
forward-looking statements, or to update the reasons why actual results could
differ from those reflected in the forward-looking statements. Additional
information identifying risks and uncertainties is contained in Priszm's
filings with the Canadian securities regulators, available at www.sedar.com.

    %SEDAR: 00019884E




For further information:

For further information: For investor information, please contact: Trish
Moran, (416) 624-5133, trish.moran@scottsreit.com; For media information,
please contact: Wilcox Group, (416) 203-6666, scottsreit@wilcoxgroup.com

Organization Profile

PRISZM INCOME FUND

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KIT LIMITED PARTNERSHIP

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