DCN ARCHIVES

November 22, 2007

ITC Construction Group

Head Office:

Ste 105, 1500 Howe St

Vancouver BC V6Z 2N1

Tel: 604-685-0111

Fax: 604-685-0112

Email: prezansoff@itc-group.com

Website: www.itc-group.com

Date of Incorporation: 1983

Key Personnel: Peter Rezansoff, President & CEO; Anthony McGill, Executive Vice President Field Operations; Lloyd Tosoff, Executive-Vice President & COO

Branch Offices: Calgary, AB

Nature of Ownership: Private (employee owned)

Principal Owners: Peter Rezansoff, Anthony McGill, Lloyd Tosoff, Doug Macfarlane

Volume: $437,520,000

Areas of Expertise: Concrete Residential high-rises in urban cores.

Economic Forecast: In a word: Positive. The BC marketplace continues to flourish as 2010 approaches and as the development and rejuvenation of urban cores continues. In Calgary, the oil fields continue to fuel the economic growth in Alberta. As people migrate to Calgary for the prospect of work, the need for housing remains a pressing concern. Calgary is also experiencing demand for more density around the urban core as the population grows.

Corporate Profile: Integrity. Trust. Commitment. ITC Construction Group specializes in the construction of concrete residential high rises in urban cores with projects throughout British Columbia, Calgary and Seattle. Our unique approach to construction includes an open, transparent environment for clients and a focus on developing employees’ personal leadership through performance coaching and on-going development of technical expertise. As one of Canada’s 50 Best Managed Companies, we have the proven track record of being industry leaders in how we approach the market, utilize technology, and train and develop our people. Quality Counts.

Major Projects: Arriva 34, Calgary AB; Arriva 42, Calgary, AB; Espana, Vancouver, BC; Flat Iron, Vancouver, BC; Millennium Water, Vancouver, BC; Silhouette, Northgate Village, Burnaby, BC; Nova, Calgary, AB; SkyTower, Calgary, AB; Stella, Vancouver, BC; Woodwards, Vancouver, BC; Xenex, Calgary, AB; Louise Station, Calgary, AB.

—updated November, 2007

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