The Keg Royalties Income Fund announces January 2004 cash distribution

VANCOUVER, December 18 /CNW/ - The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its January 2004 distribution of $0.09 cents per unit has been declared and is payable to unitholders of record as at December 31, 2003. The January 2004 distribution will be paid on January 30, 2004. The record date for this distribution is earlier than in other months to coincide with the Fund’s year-end. 

Vancouver-based Keg Restaurants Ltd. is the leading operator and franchiser of steakhouse restaurants in Canada and also has a substantial presence in the United States. The Fund controls and licences the Keg trade marks and other rights used in association with the Keg restaurants. 

For further information: Karyn Byrne, Investor Relations Manager, Tel (416) 646-4960.