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Boston Pizza Royalties Income Fund and BPI Inc. Announce July Distribution and Record Second Quarter Sales Results

August 08, 2007

BOSTON PIZZA ROYALTIES INCOME FUND AND BOSTON PIZZA INTERNATIONAL INC. ANNOUNCE JULY DISTRIBUTION AND RECORD SECOND QUARTER SALES RESULTS

Royalty income increased 22% driven by 6.7% same store sales growth and 40 net new restaurants in the royalty pool

VANCOUVER, BC, (August 8, 2007) - Boston Pizza Royalties Income Fund (the "Fund") and Boston Pizza International Inc. (”BPI”) each reported today financial results for the period of April 1, 2007 to June 30, 2007 (the “Period”) and the year-to-date results from January 1, 2007 to June 30, 2007 (“Year-to-date”). A copy of the combined second quarter report is available at www.sedar.com and www.bpincomefund.com. The Fund will host a conference call to discuss second quarter results on August 8, 2007 at 11:00 a.m. Pacific Time (2:00 p.m. Eastern Time). The call can be accessed by dialling 1-800-319-4610 or 604-638-5340. A replay will be available until August 15, 2007 by dialling 1-800-319-6413 or 604-638-9010 and enter the pin code: 5962 followed by # sign.

Same Store Sales Growth (“SSSG”), the key metric for revenue growth of the Fund, was 6.7% 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 21.8%.  During the Period, BPI opened six new Boston Pizza restaurants bringing the current total number of Boston Pizza restaurants open in Canada to 275, of which 266 are included in the royalty pool. Also during the Period, three restaurants were renovated to the latest design standards. Year-to-date, seven new Boston Pizza restaurants have opened and twelve have completed major renovations. 

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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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