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Boston Pizza International Declares Dividends

June 24, 2014

For Immediate Release                                                                           Toronto Stock Exchange: BPF.UN

BOSTON PIZZA INTERNATIONAL INC. DECLARES DIVIDENDS VANCOUVER, BC, (June 24, 2014)

Boston Pizza International Inc. (“BPI”) announced today that it has declared and paid dividends in the amount of $27,929,226 to the shareholders of record on June 23, 2014.  These dividends were paid out of BPI’s available working capital.  BPI is a privately held company and licensee of the Boston Pizza trade marks from Boston Pizza Royalties Limited Partnership (“BPRLP”). These dividends declared by BPI are separate and distinct from distributions declared by Boston Pizza Royalties Income Fund (the “Fund”) (TSX:BPF.UN) to unitholders of the Fund, and accordingly, is payable to the shareholders of BPI and not unitholders of the Fund.

BPI currently holds a 10.6% interest in the Boston Pizza Royalties Income Fund indirectly through its interest in BPRLP. 

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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