VANCOUVER, BRITISH
COLUMBIA--(Marketwire – Nov. 19, 2009) – FP Newspapers Income Fund (TSX:FP.UN),
today announced a distribution of 9.50 cents per unit for the month of November
2009, to unitholders of record on November 30, 2009. The distribution will be
paid December 30, 2009.
The Fund owns securities
entitling it to 49% of the distributable cash of FP Canadian Newspapers Limited
Partnership. The Fund's policy is for unitholders of record on the last
business day of a calendar month to receive distributions on or before the last
day of the following month. Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any
distributions of income by the Fund.
FP Canadian Newspapers Limited
Partnership owns the Winnipeg Free Press, the Brandon Sun, and their related
businesses, as well as Canstar Community News Limited, the publisher of seven
community and special interest newspapers in the Winnipeg region. The Winnipeg Free Press newspaper publishes seven days a week, serving Winnipeg and Manitoba with an average Monday through Saturday circulation of approximately 129,000 of
printed and electronic copies. The Brandon Sun also publishes seven days a
week, serving the region with an average circulation of approximately 14,600 copies. Canstar Community News publishes weekly with an average circulation of
approximately 206,000 copies. Based in Winnipeg, the businesses employ approximately 590 people in Winnipeg and Brandon. Further information can be found at www.fpnewspapers.com, and in the disclosure
documents filed by FP Newspapers Income Fund with the securities regulatory
authorities available at www.sedar.com.