A&W Revenue Royalties Income Fund

Press Releases

A&W announces timing of second quarter 2007 results and conference call

    TRADING SYMBOL: The Toronto Stock Exchange - AW.UN

    VANCOUVER, July 17 /CNW/ - In conjunction with the release of its Second
Quarter 2007 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, July 24, 2007.
    Paul Hollands, President and Chief Executive Officer and Don Leslie,
Chief Financial Officer of A&W Food Services of Canada Inc. will review second
quarter financial results and corporate developments. The financial results
will be released by newswire on the morning of July 24, 2007.
    To participate in this conference call, please dial the following toll
free number approximately five minutes prior to the commencement of the call:1-800-731-5319 or 416-644-3418

    Should you be unable to participate, an Instant Replay will be available
until August 7, 2007 by dialing:

                       1-877-289-8525 or 416-640-1917
               passcode 21240446 (followed by the number sign)We look forward to having you participate in our call.

    %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,