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Boston Pizza Royalties Income Fund and BPI Inc. Announce Distribution Increase and Record Third Quarter Sales Results

November 06, 2007

BOSTON PIZZA ROYALTIES INCOME FUND AND BOSTON PIZZA INTERNATIONAL INC. ANNOUNCE DISTRIBUTION INCREASE AND RECORD THIRD QUARTER SALES RESULTS

Monthly distributions to Unitholders increased for the third time this year based strong franchise sales and 6.6% same store sales growth

VANCOUVER, BC, (November 6, 2007) - Boston Pizza Royalties Income Fund (the "Fund") and Boston Pizza International Inc. (”BPI”) each reported today financial results for the period of July 1, 2007 to September 30, 2007 (the “Period”) and the year-to-date results from January 1, 2007 to September 30, 2007 (“Year-to-date”). A copy of the combined third quarter report is available at www.sedar.com and www.bpincomefund.com. The Fund will host a conference call to discuss third quarter results on November 6, 2007 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time). The call can be accessed by dialling 1-800-319-4610 or 604-638-5340. A replay will be available until November 13, 2007 by dialling 1-800-319-6413 or 604-638-9010 and entering the pin code: 6811 followed by # sign.

Same Store Sales Growth (“SSSG”), the key metric for revenue growth of the Fund, was 6.6% for the Period and 6.6% Year-to-date.  Overall growth in franchise sales of royalty pooled restaurants, which is a combination of new restaurants added to the royalty pool and SSSG, was 21.7%.  During the Period, BPI opened seven new Boston Pizza restaurants. Subsequent to September 30th, BPI opened another six new locations, bringing the current total number of Boston Pizza restaurants open in Canada to 286, of which 266 are included in the royalty pool. Also during the Period, four restaurants were renovated to the latest design standards. Year-to-date, 17 Boston Pizza restaurants have completed major renovations. 

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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