Priszm announces monthly distribution for September 2008



    TORONTO, Sept. 11 /CNW/ - Priszm Income Fund (TSX: QSR.UN) today
announced a cash distribution for the month of September 2008 of $0.05 per
unit payable on October 15, 2008 to Ordinary and Exchangeable Unitholders of
record on September 30, 2008. The September distribution is the 58th
consecutive cash distribution declared since Priszm began operations on
November 10, 2003.

    About Priszm Income Fund

    Priszm Income Fund (TSX: QSR.UN) has a 60.3 per cent interest in Priszm
LP, which owns and operates 467 quick service restaurants in seven provinces
across Canada. The KFC, Taco Bell and Pizza Hut restaurants under Priszm serve
1.5 million customers a week and employ more than 9,000 people. Currently 103
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: Investors: Trish Moran, (416) 739-2906,
trish.moran@priszm.com; Media: Wilcox Group, (416) 203-6666,
priszm@wilcoxgroup.com

Organization Profile

PRISZM INCOME FUND

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KIT LIMITED PARTNERSHIP

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