A&W Revenue Royalties Income Fund at its annual general meeting held on May 1, 2012, announced that Mr. Carl Vanderspek, who had been a Trustee of the Fund since 2006, stepped down and Mr. Richard McKerracher was elected as a new Trustee of the Fund for a term expiring at the close of the next annual meeting. Mr. McKerracher, a Chartered Accountant, was formerly President of Sauder Industries Limited and brings almost 40 years of business experience to the Fund.