Canada: Lakeport Brewing Income Fund record breaking sales

Lakeport Brewing Income Fund announced on July 6 that the company's "over-the-counter" beer sales at The Beer Store hit an all time record. For the week ending July 3, 2005 the company's sales hit a single week record of more than 167,000 cases of equivalent 24s purchased at Ontario beer stores. "Despite fierce competition in the marketplace, Lakeport's market share exceeded 9% of all sales at The Beer Store this past long weekend. We are thrilled that our customers are responding positively to our great beer at fair prices," said Teresa Cascioli, the company's Chair & CEO.

During the past 22 weeks the company's market share has averaged more than 9.5%. "We are confident that our customer will continue to support Lakeport, the leader in the value category. This support was evidenced this past long weekend with record-breaking sales. Thank you Ontario!" said Ms. Cascioli.

Lakeport Brewing Income Fund is an Ontario-based brewery focused on producing value-priced quality beer for the Ontario take-home market. Lakeport produces 10 proprietary beer brands. Its Lakeport Honey Lager is one of the top-selling brands in The Beer Store in Ontario. Lakeport has approximately 163 full-time employees at its production facilities in Hamilton, Ontario. The fund's units trade on the TSX under the symbol TFR.UN (TFR stands for 'two-four').

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