• Most Popular
  • Most Shared

The Keg Royalties Income Fund Announces May 2008 Cash Distribution

Fri May 9, 2008 7:58pm EDT
 
  VANCOUVER, BRITISH COLUMBIA, May 09 (MARKET WIRE) -- 
 The Keg Royalties Income Fund (the "Fund") (TSX: KEG.UN) today announced
that its May 2008 distribution of $0.1065 cents per unit has been
declared and is payable to unitholders of record as at May 21, 2008. The 
 May 2008 distribution will be paid on May 30, 2008.

    The Fund is a limited purpose, open-ended trust established under the
laws of Ontario. The Fund indirectly owns certain trademarks and other
related intellectual property used by Keg Restaurants Ltd. ("KRL") in its
Keg Steakhouses & Bars. In exchange for the use of those trademarks, KRL
pays the Fund a royalty equal to 4% of the sales of all Keg restaurants
in the royalty pool.

    Vancouver-based Keg Restaurants Ltd. is the leading operator and
franchisor of steakhouse restaurants in Canada and has a substantial
presence in select regional markets in the United States. Keg Restaurants
Ltd. continues to operate The Keg restaurant system and expand that
system through the addition of both corporate and franchised Keg
steakhouses. The Keg has been named one of the "50 Best Employers in
Canada" for the past six years by the Globe and Mail's Report on Business
Magazine. For more information on our brand visit www.kegsteakhouse.com.

Contacts:
The Keg Royalties Income Fund
Karyn Byrne
Investor Relations Manager
(416) 646-4960
Email: karynb@kegrestaurants.com
Website: www.kegincomefund.com

Copyright 2008, Market Wire, All rights reserved.

-0-



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets