Priszm announces monthly distribution for April 2009

    TORONTO, April 15 /CNW/ - Priszm Income Fund (TSX: QSR.UN) today
announced a cash distribution for the month of April 2009 of $0.05 per unit
payable on May 20, 2009 to Ordinary and Exchangeable Unitholders of record on
April 30, 2009. The April distribution is the 65th consecutive cash
distribution declared since Priszm began operations on November 10, 2003.

    About Priszm Income Fund

    Priszm Income Fund (TSX: QSR.UN) holds approximately a 60 per cent
interest in Priszm Limited Partnership, which owns and operates more than 400
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 approximately 7,400 people. Currently, more than 100 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

    Forward-Looking Statements

    Certain information in this document may constitute forward-looking
statements within the meaning of securities laws that involve known and
unknown risks, uncertainties, future expectations and other factors with
respect to industry sector performance, business plans, activities, trends and
events anticipated by the Priszm Income Fund (the "Company") and which may
cause the Company's future performance and results to be materially different
from those implied by the forward-looking information. In some cases,
forward-looking statements can be identified by terminology such as "may,"
"will," "should," "expect," "plan," "anticipate," "believe," "estimate,"
"predict," "potential," "continue," or the negative of these terms or other
comparable terminology concerning matters that are not historical facts.
Forward-looking information is based on certain factors and assumptions
regarding, among other things, the number of restaurants, the renewal of the
franchise agreement, the industry sector performance, business plans,
activities, trends and events anticipated by the Company. Although the Company
believes that the assumptions underlying such statements are reasonable, any
of the assumptions may prove to be inaccurate and, as a result, the
forward-looking information may prove to be incorrect. The forward-looking
information, assumptions and statements reflect the views of the Company's
management with respect to future events and outcomes as of the date of this
document and there should be no expectation that such information will be
updated, revised and/or supplemented whether as a result of new information,
changing circumstances, future events or other cause. Actual events or
outcomes may be materially different and cause the performance of the Company
to differ materially from any forward-looking statement.

    %SEDAR: 00019884E

For further information:

For further information: Trish Moran, (416) 739-2906,

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