Notice of SIR Royalty Income Fund's 2009 fourth quarter results conference
call

BURLINGTON, ON, March 10 /CNW/ - SIR Royalty Income Fund (TSX: SRV.UN) ("the Fund") will release its fiscal 2009 fourth quarter financial results via www.newswire.ca following the close of markets on March 16th, 2010. Management of the Fund will host a conference call on March 17th at 10:00 a.m. (ET) to review the financial results. The call will be hosted by Peter Fowler, Chief Executive Officer ("CEO"), and Jeff Good, Chief Financial Officer ("CFO").

A live audio webcast of the conference call will be available through www.sircorp.com. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be needed to hear the webcast. An archived replay of the webcast will be available for 90 days.

A taped replay of the conference call will also be available until Wednesday, March 24th at midnight by calling 416-849-0833 or 1-800-642-1687, reference number 59497100 followed by the number sign.

About SIR Corp.

SIR is a privately held Canadian corporation that owns and operates a portfolio of 45 restaurants in Canada. SIR's concept brands include: Jack Astor's Bar and Grill(R), with 29 locations; Alice Fazooli's(R), with five locations; and Canyon Creek Chop House(R), with eight locations. SIR also operates one-of-a-kind "signature" brands in downtown Toronto, which comprise the upscale reds(R), Far Niente(R)/FOUR(TM)/Petit Four(TM), and the Loose Moose Tap & Grill(R). All trademarks related to the concept and signature brands noted above are used by SIR under a license agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 45 restaurants currently included in Royalty Pooled Restaurants. For more information on SIR Corp. or the SIR Royalty Income Fund, please visit www.sircorp.com.

About SIR Royalty Income Fund

The Fund is a trust governed by the laws of the province of Ontario that receives distribution income from its investment in the SIR Royalty Limited Partnership and interest income from the SIR Loan. The Fund intends to pay distributions to unitholders on a monthly basis.

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For further information: Jeff Good, Chief Financial Officer, SIR Corp., 5360 South Service Road, Suite 200, Burlington, Ontario, Canada, L7L 5L1, Tel: [phone]; Alice Dunning, Investor Relations, Tel: [phone] ext. 228, Email: [email protected]