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Homburg (AMS:HII) Shares issued: Class A - 155,579,01 Class B - 31,514,782
Halifax, Nova Scotia, September 19, 2008 (TSX: HII.A & HII.B and Euronext:HII) Richard Homburg, Chairman and CEO of Homburg Invest Inc. ("Homburg Invest") is pleased to announce the appointment of Robert (Bob) Hefferton to the Advisory Board of Homburg Invest. Mr. Hefferton most recently completed 27 years of service to the Homburg Group where he last held the position of Senior Vice President of Homburg Canada Incorporated.
Mr. Hefferton began his career studying architecture at Ryerson University. Before joining the Homburg Group in 1982, Mr. Hefferton completed a number of business degrees which he then applied in a number of executive positions with various corporate groups.
Mr. Hefferton was instrumental in opening the Homburg Group's operations in Western Canada and the United States and Mr. Homburg is very pleased that Mr. Hefferton will be in a position to continue to offer his considerable operational experience to the future North American development and growth of the Homburg Group.
Mr. Hefferton joins Evert Brouwers, Retired Director General, The Netherlands Government Information Services; Hon. Myra Freeman, ONS, Former Lieutenant Governor, Province of Nova Scotia; Hartmutt Fromm, Senior Partner and Co-Founder, Buse Herber Fromm; and Karen Prentice, QC, Member Alberta Securities Commission.
Homburg Invest, with its head office in Halifax, Nova Scotia, owns and develops a diversified portfolio of quality real estate including office, retail, industrial and residential apartment and townhouse properties throughout Canada, the United States and Europe.
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For further information, please contact:
Mr. Richard Homburg, Chairman and CEO Homburg Invest Inc. 902-468-3395
or
J. Richard Stolle President and COO Homburg Invest Inc. 31-20-573-3855
This news release may contain statements which by their nature are forward looking and express the Company's beliefs, expectations or intentions regarding future performance, future events or trends. Forward looking statements are made by the Company in good faith, given management's expectations or intentions however, they are subject to market conditions, acquisitions, occupancy rates, capital requirements, sources of funds, expense levels, operating performance and other matters. Therefore, forward looking statements contain assumptions which are subject to various factors including: unknown risks and uncertainties: general economic conditions; local market factors; performance of other third parties; environmental concerns; and interest rates, any of which may cause actual results to differ from the Company's good faith beliefs, expectations or intentions which have been expressed in or may be implied from this news release. Therefore, forward looking statements are not guarantees of future performance and are subject to known and unknown risks. Information and statements in this document, other than historical information, should be considered forward-looking and reflect management's current views of future events and financial performance that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include, but are not limited to, the following: general economic conditions and developments within the real estate industry, competition and the management of growth. The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.
