Press Releases

/Not for release over U.S. Newswire services./

TORONTO, September 17 /CNW/ - (TSX:MEW.UN): Menu Foods Income Fund ("Menu" or the "Fund") announced today its distribution of 10.50 cents per unit for the month of September 2003, payable on or before October 15, 2003 to unitholders of record on September 30, 2003. This represents a 12.60% yield on the initial public offering price of $10.00 per unit.

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.

The Fund also announced that the quarterly distribution to holders of Class B Exchangeable Units in Menu Foods Limited Partnership (a subsidiary of the Fund) will be determined upon the finalization of its third quarter results.

With respect to developments regarding BSE, Menu announced that it had resumed shipments of product from its Canadian operation to the United States under a series of USDA approved export permits.

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 900 million containers of wet pet food per year and is focused on the manufacture and sale of premium private-label wet pet food products.

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