Press Release Details

For Immediate Release                                                                           Toronto Stock Exchange: BPF.UN

BOSTON PIZZA INTERNATIONAL INC. AND BOSTON PIZZA ROYALTIES INCOME FUND TO ANNOUNCE THIRD QUARTER 2008 FINANCIAL RESULTS ON NOVEMBER 4^th

VANCOUVER, BC, (October 28, 2008) - Boston Pizza International Inc. ("BPI") and Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN) today announced that they will issue third quarter results via news release and on the Fund's website at www.bpincomefund.com before the opening of markets on November 4, 2008.

The Fund will also host a conference call with BPI Co-Chairman and Owner, George Melville, Chief Executive Officer Mike Cordoba, Chief Financial Officer Mark Powell, and President Mark Pacinda to discuss the results for the third quarter, which ended on September 30, 2008. The call will take place on Tuesday, November 4, 2008 at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time).

To participate in this conference call, please dial the following toll free number approximately ten minutes prior to the commencement of the call:

1-800-319-4610 or 604-638-5340

A replay will be available until November 11, 2008 by dialling:

1-800-319-6413 or 604-638-9010

and enter the pin code: 4452 followed by # sign.

The Fund is a limited purpose, open-ended trust established under the laws of British Columbia to acquire indirectly certain trade marks and trade names used by BPI in its Boston Pizza restaurants in Canada.  The trade marks are licensed to BPI for 99 years for which BPI pays the Fund 4% of franchise revenues of its 298 Boston Pizza restaurants in the royalty pool in Canada as at September 30, 2008. 

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