SIR Royalty Income Fund Announces October Distribution

BURLINGTON, ON, Oct. 11, 2012 /CNW/ - SIR Royalty Income Fund (TSX: SRV.UN) ("the Fund") today declared a cash distribution of $0.088 per trust unit for the period September 1, 2012 to September 30, 2012. The distribution will be payable on October 31, 2012 to unitholders of record at the close of business on October 22, 2012.

About SIR Corp.
SIR is a privately held Canadian corporation that owns and operates a portfolio of 48 restaurants in Canada. SIR's Concept brands include: Jack Astor's Bar and Grill®, with 33 locations; Alice Fazooli's!®, with four locations; and Canyon Creek Chop House®, with eight locations. SIR also operates one-of-a-kind "Signature" brands in downtown Toronto, which comprise the upscale reds®, Far Niente®/FOUR®/Petit Four™, and the Loose Moose Tap & Grill®. 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 47 restaurants currently included in the Royalty pool. 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.

SOURCE: SIR Royalty Income Fund

Peter Fowler, CEO
SIR Corp.
Tel: [phone]

Bruce Wigle
BMIR, Investor Relations
Tel: [phone], ext 232