JULY 5, 2006. TORONTO, ONT. –

Timbercreek Asset Management Inc.(“TAMI”) announced today that Ugo Bizzarri,CFO,Vice-President Acquisitions will participate on a panel of industry experts at the upcoming Ottawa Real Estate Forum. Mr. Bizzarri and colleagues will discusstrends and opportunities in the multi-unit residential market & the growth ofseniors housing.

The OttawaReal Estate Forum, to be held at the Ottawa Congress Centre on Thursday,October 11, 2007, provides valuable insight on the market trends, issues,strategies, and opportunities in Canada's Capital region. The Forum is targeted to meet the needs of real estate executives, brokers, developers, investors,asset managers, and other professionals active in the acquisition, leasing, financing, management, and marketing of office, industrial, retail, and multi-unit residential real estate. 

Timbercreek Asset Management Inc. (“TAMI”) is one of Canada’s fastest growing alternative asset class investment managers. TAMI has a value oriented investment philosophy, and specializes in providing conservatively managed, risk adverse private investment opportunities to institutions, trusts and endowment funds,discretionary investment advisors and qualified individuals.

-30-