SNSPF Interim Finance Provides Financing to 333 Sherbrooke St. E.

On December 4, 2006, SNSPF Interim Finance B.V. (formerly BFV Interim Finance B.V.), a lender based in the Netherlands, completed loans totalling $62,016,000 for working capital and for the construction of Phase II of the residential condominium development located at 333 Sherbrooke Street East in downtown Montreal. Phase I of the development includes 113 condominium units. Phase II is yet to be constructed but will include 112 condominium units.

The limited partners of 333 Sherbrooke Street East L.P. are Homco Realty Fund L.P., a partnership held by Homburg Invest Inc. and SNSPF Invest Canada Inc., and Les Investissements F.P. s.e.c.

Blake, Cassels & Graydon LLP acted for SNSPF and SIC with a team composed of Thomas von Hahn, James Papadimitriou, Marc-Antoine La Rochelle, Marise Chabot and Viorelia Guzun.

Davies Ward Phillips & Vineberg LLP acted for 333 Sherbrooke Street East, L.P. with a team that included Pierre-André Themens, Stefan Fews and Sébastien Thériault. McInnes Cooper, represented by Larry Freeman, Q.C. and Jennifer Glennie, acted for HII.