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Big Rock Brewery Income Trust Announces First Quarter Financial Results

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Big Rock Brewery Income Trust (TSX: BR.UN) ('Big Rock' or the 'Trust') announced its financial results today for the quarter ended March 31, 2010. Net income for three months ended March 31, 2010 increased to $1.7 million from $1.4 million in 2009. Management believes this increase reflects growth in sales volumes as a result of increased consumer demand, continued focus on operating costs and the positive effect of the brewery's long-term 'return to our roots' business strategy.

CEO and Chairman of Big Rock, Ed McNally, commented on the results by saying, 'We are very pleased with these results. This positive start in 2010 creates a solid footing for us to kick off our 25th year, which is an important milestone for the brewery and the Canadian craft beer industry'.

Big Rock recently announced its plan to expand the existing portfolio (family of beers) by adding a new brand in June 2010. This new addition, Gopher Lager, is an all malt lager made with Alberta two-row barley, choice imported hops and a special lager yeast, leading to its clean, crisp flavour.

'We're looking forward to bringing Gopher Lager to consumers this summer because it gives our brewing team an opportunity to do what they do best: handcraft premium, all natural beer.' added McNally.

The Financial Statements and Management Discussion and Analysis dated May 6, 2010 can be viewed on Big Rock's website at bigrockbeer.com/corporate and on SEDAR at sedar.com under Big Rock Brewery Income Trust.

The Trust is an unincorporated open-ended limited purpose trust established under the laws of the Province of Alberta. The Trust owns all of the securities of Big Rock Brewery Operations Corp. and Big Rock Brewery Limited Partnership, which entitles the Trust to receive all cash flow available for distribution from the business after debt service payments, maintenance capital expenditures and other cash requirements.

About Big Rock Brewery

Big Rock -headquartered in Calgary, Alberta -continues to produce premium, all-natural craft beers. As Canada's leading craft brewer Big Rock Brewery boasts a family of twelve exceptional ales and lagers, Rock Creek dry apple cider as well as an ongoing selection of seasonal beers. Big Rock products are sold in nine provinces and three territories in Canada and, oddly enough, they are also available in Korea.

For more information on Big Rock Brewery visit bigrockbeer.com.



 
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Updated: 15:45 PDT     2991

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