Mr. Russell Tanz reports

TEMPUS CAPITAL ANNOUNCES STRATEGIC INVESTMENT

Tempus Capital Inc. has invested in a multifamily investment property located in Oshawa, Ont.

Tempus has acquired 240,000 Class A common shares of the corporate entity which owns the multifamily property for $240,000. The investment represents an ownership interest of approximately 20 per cent of the entity. The Class A common shares contain a provision whereby the holders of the Class A common shares receive a 10-per-cent return on invested capital and a return of invested capital in priority to any other class of shares.

"We are very pleased that Tempus Capital is investing in this multifamily sector," said Russell Tanz, Tempus president and chief executive officer. "The company will have a 10-per-cent preferred return on its investment with the potential of increasing its return on its investment from any excess net income and cash flow."

About Tempus Capital Inc.

Tempus is a real estate operating company engaged in the acquisition, development and ownership of income-producing properties in Canada, focusing on strip mall shopping centres, storefront retail, and mixed residential and commercial properties. Tempus is a reporting issuer in British Columbia, Ontario and Alberta.