A&W Revenue Royalties Income Fund Announces December 2010 Cash Distribution

VANCOUVER, Dec. 6 /CNW/ -- 
VANCOUVER, Dec. 6 /CNW/ - A&W Revenue Royalties Income Fund (the Fund)
 (TSX symbol AW.UN) today declared a cash distribution of 10.6 cents per
 trust unit for the period November 1 to November 30, 2010. The
 distribution will be paid to unitholders of record at the close of
 business on December 15, 2010, and will be payable on December 31,
 2010. For tax purposes 8.958 cents per unit of this distribution will
 be other taxable income and 1.642 cents per unit will be non-eligible
 dividends.  A&W Food Services of Canada Inc. (Food Services) will also
 receive 10.6 cents per share from A&W Trade Marks Inc. (Trade Marks) on
 its investment in shares of Trade Marks.


On November 10, 2010, the Fund announced a substantial issuer bid (the
 Offer) to purchase for cancellation 2,500,000 of its units, at a price
 of $20.00 per unit.  The Offer is made to all of the Fund's
 unitholders, including Food Services who has agreed to deposit to the
 Offer shares of Trade Marks exchangeable for a total of 2,500,000
 units.  If more than 2,500,000 units are tendered, the Fund will
 purchase the units on a pro rata basis.  The Offer will remain open for
 acceptance until December 17, 2010 unless withdrawn or extended by the
 Fund.


As the completion of purchase of units under the Offer is expected to
 take place on or after December 20, 2010, unitholders who tender units
 under the Offer will receive the cash distribution for the period
 November 1 to November 30, 2010 announced above.  Additional
 information relating to the Offer and the Fund is on SEDAR at www.sedar.com and on the Fund's website at www.awincomefund.ca.


Launched on February 15, 2002, the Fund, through its investment in Trade
 Marks, is entitled to receive royalties from Food Services in the
 amount of 3% of the sales of the 700 A&W restaurants in the Royalty
 Pool. Cash distributions are paid monthly. A&W is the second largest
 quick-service hamburger restaurant chain in Canada. Operating
 coast-to-coast, A&W restaurants feature famous trade-marked menu items
 such as The Burger Family, Chubby Chicken and A&W Root Beer.


A&W Food Services of Canada Inc. today declared a dividend of $6 million
 on its common shares payable to its shareholders on December 8, 2010.


To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/December2010/06/c2812.html



pDon Lesliebr/ Chief Financial Officerbr/ 604-988-2141br/ Email: a href="mailto:[e-mail]"[e-mail]/abr/ a href="http://www.awincomefund.ca"www.awincomefund.ca/a/p

Copyright