VANCOUVER, BRITISH COLUMBIA–(CCNMatthews – Jan. 31, 2007) – In conjunction with the release of its fourth quarter and full year 2006 financial results, the Boston Pizza Royalties Income Fund (TSX:BPF.UN) will host a conference call at 11:00 a.m. Pacific Time (2:00 p.m. Eastern Time) on Wednesday, February 7, 2007.

Boston Pizza International Inc. (“BPI”) Chief Executive Officer Mike Cordoba and Chief Financial Officer Mark Powell will review operational achievements and financial results for the fourth quarter and fiscal year which ended on December 31, 2006. The results will be released prior to the call by newswire and on the Fund’s website at www.bpincomefund.com.

To participate in this conference call, please dial the following toll free number approximately five minutes prior to the commencement of the call:

1-800-319-4610 or 604-638-5340

A replay will be available until February 14, 2007 by dialling:

1-800-319-6413 or 604-638-9010

and enter the pin code:2885 followed by # sign.

The Fund is a limited purpose, open-ended trust established under the laws of British Columbia to acquire indirectly certain trade marks and trade names used by BPI in its Boston Pizza restaurants in Canada. The trade marks are licensed to BPI for 99 years for which BPI pays the Fund 4% of franchise revenues of its 266 Boston Pizza restaurants in Canada as at December 31, 2006.

The trustees of the Fund have approved the contents of this news release.

® Boston Pizza Royalties Limited Partnership. All Boston Pizza registered Canadian trade-marks and unregistered Canadian trade-marks containing the words “Boston”, “BP”, and/or “Pizza” are trade-marks owned by the Boston Pizza Royalties Limited Partnership and licensed by the Boston Pizza Royalties Limited Partnership to Boston Pizza International Inc.

(C) Boston Pizza International Inc. 2007