Homburg Invest Inc. (stocks)

Homburg Invest Inc. (HII) has its head office at Suite 600, Brunswick Street 1741, Halifax, Nova Scotia, B3J 3X8. HII owns the majority of its property assets indirectly via limited partnerships (referred to here simply as 'the Partnerships'). The Partnerships have each been established for the acquisition of a specific property or properties and are referred to as Homco Realty Fund (#) Limited Partnerships. The General Partner for each one of them is Homburg LP Management Incorporated - General Partner, Suite 200, Akerley Boulevard 11, Halifax Regional Municipality, Nova Scotia, B3B 1V7. The Partnerships were established in accordance with the laws of Nova Scotia. HII also holds 100% of the issued and outstanding share capital of Homburg (US) Limited (a company in Nova Scotia), which holds assets in Colorado and Texas in the USA via Homburg Holdings (US) Inc. (an American company).

HII's activities consist of acquiring interests in real estate. HII's investment policy calls for a mixed portfolio of residential and office buildings with multiple units, retail and industrial buildings with a wide geographic spread. This policy is oriented towards limiting the risks. Risks are also limited by practising strict 'due diligence', including thorough verification of the physical state of the assets to be acquired, environmental evaluations, thorough investigation of lease stipulations, and analysis of the creditworthiness of all tenants.

HII began its current activities as a company under public law on 23 October 2000. HII developed out of a private company for property investment/management/consultancy founded in the early seventies by Richard Homburg, Chairman of the Board and CEO of HII. Although its roots lie in Nova Scotia, the private company grew and acquired interests in East and West Canada, the Netherlands, the USA and Australia. Real estate was held directly and via a series of limited partnerships. When the company 'went public', a considerable part (but not all) of the Canadian real estate assets were taken up by HII in exchange for shares.

HII owns and develops a diversified portfolio of high quality properties, including offices, shops, industrial buildings, apartments and town houses throughout Canada, the USA and Western Europe.

HII now trades on the Toronto Stock Exchange and the AEX under the symbol HII.A for its Class A Subordinated Shares with Voting Rights, and on the Toronto Stock Exchange as HII.B for its Class B Multiple Shares with Voting Rights.

For more information, see www.homburginvest.com.

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