MARCH 10, 2008. TORONTO, ONT. – Timbercreek Asset Management Inc.(“Timbercreek”) is pleased to announce that the Ontario Securities Commissionhas granted the registration of Timbercreek in the category of InvestmentCounsel and Portfolio Manager, under the provisions of the SecuritiesAct. This registration is a critical step in Timbercreek’s strategy tobroaden its offering of conservatively-managed, alternative investmentproducts. Timbercreek currently manages approximately $700 million in assetsacross three active funds, predominantly focused in the real estatesector. This registration will allow Timbercreek to continue to build on thesuccess of the existing asset management platform to provide more uniqueinvestment opportunities to investors looking for well managed investmentsolutions.

“Timbercreek has developed an excellent reputation for surfacing valuefor investors by identifying market inefficiencies and structuring investmentproducts to capitalize on these inefficiencies,” said Blair R. Tamblyn, ChiefExecutive Officer of Timbercreek Asset Management Inc.. “We intend to leveragethis core competency and our strong industry reputation to meet the growingdemand for unique investment products and services.” 

Timbercreek Asset Management Inc. (“TAMI”) is one of Canada’s fastestgrowing alternative asset class investment managers. TAMI has a value orientedinvestment philosophy, and specializes in providing conservatively managed,risk adverse investment opportunities to institutions, trusts and endowmentfunds, discretionary investment advisors and qualified individuals. Timbercreekhas a proven ability to work with the capital markets across Canada, using avariety of investment platforms. Its management team and advisory board arecomprised of individuals with a wide and extensive range of experience in theinvestment community. These individuals apply institutional credibility and sophisticationwith an entrepreneurial mindset and a result-oriented approach to the TimbercreekFunds.

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