June 30, 2005 Securities

Toronto – At the request of the Autorité des marchés financiers (AMF), the Ontario Securities Commission (OSC) and RSM Richter Inc., the Quebec Superior Court recognized the June 29, 2005 order of the Ontario Superior Court of Justice (Commercial List) appointing RSM Richter Inc. receiver of the Norshield Group with all the powers provided for in the Ontario order.

The order relates to the following companies: Norshield Asset Management (Canada) Ltd., Norshield Investment Partners Holdings Ltd., Olympus United Funds Holdings Corporation, Olympus United Funds Corporation, Olympus United Group Inc., and Olympus United Bank and Trust SCC.

This court appointment is the result of the ongoing collaboration by the OSC and the AMF to provide protection to investors and promote the integrity of our capital markets.

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