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Boston Pizza Royalties Income Fund & Boston Pizza International Inc. Announce 2005 First Quarter Results

May 16, 2005

For Immediate Release                                                                           Toronto Stock Exchange: BPF.UN

BOSTON PIZZA ROYALTIES INCOME FUND &
BOSTON PIZZA INTERNATIONAL INC.
ANNOUNCE 2005 FIRST QUARTER RESULTS

Same Store Sales Growth 4.8% in 2005.  Distributions up 11.8% over First Quarter 2004.

FOR FURTHER INFORMATION PLEASE CONTACT:

Boston Pizza Royalties Income Fund
Jordan Holm - Vice President of Investor Relations
Tel: 604-303-6083

www.bpincomefund.com

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