Press Releases

/NOT FOR RELEASE OVER US NEWSWIRE SERVICES/

TORONTO, Aug. 28 /CNW/ - (TSE:MEW.UN): Menu Foods Income Fund announced today that the interim financial information for the 39-day period from the time of the Fund's indirect acquisition of beneficial ownership of the securities and assets of Menu Foods Limited through June 29, 2002 will be included in the Fund's interim financial statements prepared for the 14 week period ending October 5, 2002. The preparation and filing of the Fund's financial statements on the above-noted basis is permitted by the Ontario Securities Act and with the concurrence of other Canadian securities regulators.

Menu is a leading North American manufacturer of private-label wet pet food products, selling its products to supermarket retailers, mass merchandisers, pet specialty retailers and other retail and wholesale outlets. Menu currently produces more than 800 million containers of wet pet food per year and is focused on premium private-label and contract manufacturing of wet pet food products.

Further information can be found in the disclosure documents filed by Menu Foods Income Fund with the securities regulatory authorities, available at www.SEDAR.com.

For further information: Mark Wiens, Chief Financial Officer, Menu Foods GenPar Limited, (905) 826-3870