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Royal LePage Franchise Services Fund Announces Fourth Quarter 2006 Conference Call


TORONTO, ONTARIO -- Royal LePage Franchise Services Fund (the “Fund”) (TSX: RSF.UN) will hold its fourth quarter 2006 conference call on Wednesday, March 21, 2007 at 2:00 p.m. (DST). Members of senior management will discuss results from the Fund’s fourth quarter and fiscal 2006 reporting periods and current business initiatives.

The Fund will release its fourth quarter financial results before markets open on March 21, 2007. These results will also be available online at under “Press Releases.”

To participate in the conference call, please call toll free 1-866-296-6505 at approximately 1:55 p.m. (DST). The pass code for this call is 53439. For those unable to participate in the conference call, it will be available by webcast, and a replay will be posted online following the conference call at under “Financial Reports” which can be found under “Investment Info.”

About Royal LePage Franchise Services Fund

The Fund is a leading provider of services to residential real estate brokers and their Realtors. The Fund generates cash flow from franchise royalties and service fees derived from a national network of real estate brokers and agents in Canada operating under the Royal LePage and Johnston & Daniel brand names. As at September 30, 2006, the Fund Network was comprised of 12,201 Realtors operating from 579 locations. The Fund Network has an approximate 20% share of the Canadian residential resale real estate market based on transactional dollar volume. Fund is a TSX listed income trust, which pays monthly distributions and trades under the symbol “RSF.UN”.


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