For Immediate Release Toronto Stock Exchange: BPF.UN
BOSTON PIZZA ROYALTIES INCOME FUND ANNOUNCES MARCH 2013 DISTRIBUTION
VANCOUVER, BC, April 9, 2013 - Boston Pizza Royalties Income
Fund (the “Fund”) (TSX: BPF.UN) announced today a cash
distribution to unitholders of 10.2 cents per unit for March 2013. This is the second monthly distribution to be declared at
the rate of 10.2 cents per month
since the trustees of the Fund announced a distribution rate increase, which
was effective for the February distribution and paid on March 29, 2013. As
announced on March 7, 2013, the Fund has increased
the monthly distribution rate by rate 0.4
cents per unit from the previous monthly rate of 9.8 cents per unit or $1.176 per unit on an annualized basis to 10.2 cents per unit or $1.224 per unit on an
annualized basis. This translated to an increase of 4.1% and marked the second time
that monthly distributions to unitholders were increased in the last year and
the 16th time that the monthly rate was increased since the
inception of the Fund in 2002.
The
distribution will be payable to unitholders of record at the close of business
on April 21, 2013 and will be paid on April 30, 2013. The Fund periodically reviews distribution
levels based on its policy of stable and sustainable distribution flow to unitholders.
The
trustees of the Fund have approved the contents of this news release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Boston Pizza Royalties Income Fund
Jordan Holm - Vice President of Investor Relations
Tel: 604-303-6083
investorrelations(at)bostonpizza.com
www.bpincomefund.com
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© Boston Pizza International Inc. 2013