A&W Revenue Royalties Income Fund Announces January 2011 Cash Distribution

VANCOUVER, Dec. 20 /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 December 1 to December 31, 2010. The distribution will be paid to unitholders of record at the close of business on December 31, 2010, and will be payable on January 31, 2011. A&W Food Services of Canada Inc. (Food Services) will also receive dividends at the same rate 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.  As the completion of purchase of units under the Offer is expected to take place on December 22, 2010, and the record date of this distribution is December 31, 2010, unitholders whose units are purchased under the Offer will not receive the cash distribution for the period December 1 to December 31, 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.

For further information:

Don Leslie
Chief Financial Officer
604-988-2141
Email: [email protected]
www.awincomefund.ca