Second Cup Royalty Income Fund announces October distribution



    MISSISSAUGA, ON, Nov. 15 /CNW/ - Second Cup Royalty Income Fund has
announced that its Board of Trustees has approved a cash distribution of
$0.0910 per unit for the month of October, 2007 to be paid on November 30,
2007 to unitholders of record at the close of business on November 28, 2007.
    The Fund is an open-ended trust established under the laws of the
Province of Ontario. It holds, through an indirect wholly-owned limited
partnership, the Canadian trade-marks and other intellectual property and
associated rights used by The Second Cup Ltd. ("Second Cup") in connection
with the operation of Second Cup cafés in Canada. For more information on the
Second Cup Royalty Income Fund please visit www.secondcupincomefund.com.

    Second Cup is Canada's largest specialty coffee café franchisor and
second largest retailer of specialty coffee, as measured by number of cafés.
For further information on Second Cup, visit www.secondcup.com.

    %SEDAR: 00021352E




For further information:

For further information: Stephen Devito, Chief Financial Officer, (905)
362-1824, investor@secondcup.com, www.secondcupincomefund.com.

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SECOND CUP INCOME FUND

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