News from CNW Group

The Keg Royalties Income Fund announces October 2003 cash distribution

Saturday, October 11, 2003

VANCOUVER, Oct. 11 /CNW/ - The Keg Royalties Income Fund (the "Fund") (TSX: KEG.UN) today announced that its October 2003 distribution of $0.09 cents per unit has been declared and is payable to unitholders of record as at October 21, 2003. The October 2003 distribution will be paid on October 31, 2003.

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: Neil Maclean, Tel (604) 821-6416/