Press Releases

/NOT FOR RELEASE OVER US NEWSWIRE SERVICES/

TORONTO, June 18 /CNW/ - (TSE:MEW.UN): Menu Foods Income Fund announced today its June 2002 distribution of 12.95 cents per unit for the 40 day period from May 22, 2002 to June 30, 2002, payable on July 15, 2002 to unitholders of record on June 28, 2002. This represents an 11.75% yield on the initial public offering price of $10.00 per unit and reflects a planned distribution of 9.79 cents per month 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.

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 the manufacture and sale of premium private-label 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: please contact: Mark Wiens, Chief Financial Officer, Menu Foods GenPar Limited, (905) 826-3870