A&W Revenue Royalties Income Fund

Press Releases

A&W announces timing of first quarter 2008 results and conference call

    TRADING SYMBOL: The Toronto Stock Exchange - AW.UN

    VANCOUVER, April 23 /CNW/ - In conjunction with the release of its First
Quarter 2008 Financial Results, the A&W Revenue Royalties Income Fund (AW.UN)
will host a conference call at 1:00 p.m. Pacific Standard Time, (4:00 p.m.
Eastern Standard Time) on Tuesday, April 29, 2008.
    Paul Hollands, President and Chief Executive Officer and Don Leslie,
Chief Financial Officer of A&W Food Services of Canada Inc. will review first
quarter financial results and corporate developments. The financial results
will be released by newswire on the morning of April 29, 2008.
    To participate in this conference call, please dial the following toll
free number approximately five minutes prior to the commencement of the call:1-800-591-7539 or 416-644-3419

    Should you be unable to participate, an Instant Replay will be available
until May 13, 2008 by dialing:

                       1-877-289-8525 or 416-640-1917
                passcode 21270270 followed by the number signWe look forward to having you participate in our call.
    The Annual General Meeting of unitholders of A&W Revenue Royalties Income
Fund will be held at the Lonsdale Quay Hotel, 123 Carrie Cates Court, North
Vancouver, British Columbia on Tuesday, April 29, 2008 at 11:00 a.m. (Pacific
Time).

    %SEDAR: 00017286E



For further information:
For further information: Don Leslie, Chief Financial Officer, A&W Food
Services of Canada Inc., (604) 988-2141, e-mail: investorrelations@aw.ca,
www.awincomefund.ca