Are You a Business Trust or a Real Estate Trust?
DGC Breakfast Conference, Montréal, June 14, 2005



It is our pleasure to invite you to our next DGC Breakfast Conference which will take place on June 14, 2005, from 7:30 a.m. to 9:00 a.m., with the participation of the following speakers:

Louis Doyle, Vice-President, Business Development, Toronto Stock Exchange
Claude Désy, M. Fisc., FCA, Partner, De Grandpré Chait
Damian Di Perna, Director - Canadian Corporate Ratings Group, Standard & Poor’s
Louise Lalonde, Director of Investments, CDP Placements privés
Grant White, Managing Director, Investment Banking, First Associates
Barbara Gray, Associate Analyst - Business Trusts, First Associates

PROGRAM
The last few years have seen a proliferation of business and real estate trusts being listed on the stock exchange. The following topics will be discussed:

How do these trusts work?
How do you determine whether your firm is a business trust or a real estate investment trust (REIT)?
How do you maximize the stock market value of the trust?
How can you take advantage of the opportunities available to you?

LOCATION
VIP Centre
1000, De La Gauchetière Street West (Mezzanine Level), Montréal

TO REGISTER
Please confirm your attendance in advance by contacting Yolande Girard at (514) 878-3223, extension 3335, or by e-mail at ygirard@dgclex.com.

Please note that the conference will be held in French.

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