Press Releases

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

TORONTO, Feb. 24 /CNW/ - (TSX: MEW.UN): Menu Foods Income Fund (the "Fund") announced today that the breakdown of taxable income and return of capital relating to cash distributions on its Trust units for the year ended December 31, 2003 was 22.67% return of capital, 54.95% dividend income and 22.38% other taxable.

Menu is the leading North American private-label/contract manufacturer of wet pet food products sold by supermarket retailers, mass merchandisers, pet specialty retailers and other retail and wholesale outlets and currently produces more than one billion containers per year

Menu is the leading North American private-label/contract manufacturer of wet pet food products sold by supermarket retailers, mass merchandisers, pet specialty retailers and other retail and wholesale outlets and currently produces more than one billion containers per year.

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