TORONTO, ONTARIO--(Marketwire - Oct. 22, 2007) -
NOT FOR RELEASE OVER US NEWSWIRE SERVICES
Cineplex Galaxy Income Fund (TSX:CGX.UN) announced today its cash distribution of $0.10 per unit for the month of October 2007, payable on November 30, 2007, to unitholders of record on October 31, 2007.
The Fund's policy is for unitholders of record on the last business day of a calendar month to receive distributions during the thirty days following the end of such 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.
Headquartered in Toronto, Canada, Cineplex Entertainment LP owns, leases or has a joint-venture interest in 131 theatres with 1,321 screens serving approximately 60 million guests annually. Cineplex Entertainment LP is the largest motion picture exhibitor in Canada operating theatres with the following brands: Cineplex Odeon, Galaxy, Famous Players (including Coliseum, Colossus and SilverCity), Cinema City and Scotiabank Theatres. The units of Cineplex Galaxy Income Fund, which owns approximately 75.7% of Cineplex Entertainment LP, are traded on the Toronto Stock Exchange (symbol CGX.UN). For more information, visit us at www.cineplex.com.
Further information can be found in the disclosure documents filed by Cineplex Galaxy Income Fund with the securities regulatory authorities, available at www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Cineplex Galaxy Income Fund
Gord Nelson
Chief Financial Officer
(416) 323-6602
Cineplex Galaxy Income Fund
Pat Marshall
Vice President Communications and Investor Relations
(416) 323-6648
Website: www.cineplex.com
