Attention Business/Financial Editors:

/Not for release over US newswire services/

TORONTO, December 15 /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 December 2004, payable on or before January 17, 2005 to unitholders of record on December 31, 2004.

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 Menu Foods GenPar Limited (the general partner of Menu Foods Limited Partnership, a subsidiary of the Fund (“MFLP”)) declared that the distribution to holders of Class B Exchangeable Units in MFLP for the fourth quarter of 2004 will be equal to the residual distributable cash of the Fund, after giving effect to the above noted distribution, of up to 31.50 cents per Class B Exchangeable Unit. Such distribution is to be made in February 2005 after the approval of the financial statements of the Fund for the year ended December 31, 2004.

Menu Foods 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. Menu Foods currently produces more than one billion containers per year.

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

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