Press Release for Quarterly Earnings

Press Release For Immediate Release

Successful Leadership in Demerger Trusted Leadership for the Future

Nashen, Brownstein & Kovac Elected

Acclaimed Demerger Leaders Focus on Electing Housefather

Cote Saint-Luc, October 15, 2005: Three of four Cote Saint-Luc Demerger Leaders, Glenn J. Nashen, Mitchell Brownstein and Ruth Kovac were elected by acclamation yesterday to a fourth term on City Council. The three former councillors will return as their demerging city frees itself from the City of Montreal. All three lead the Cote Saint-Luc Demerger movement along with borough councillor and mayoral candidate Anthony Housefather.

"What a magnificent honour to receive this overwhelming approval by our constituents," Nashen said. "Ruth, Mitchell and I have received unprecedented support from the residents we visited during our door-to-door as well as from community leadership. Now we will work hard to elect Housefather, a dynamic, progressive and visionary leader for the future of Cote Saint-Luc.”

“It has been an honour to serve on council and we are thrilled to be returning to help re-build our great community," Brownstein said. "The four of us worked so hard on leading our community out of the megacity and now we’ll redouble our efforts to get Anthony elected and get things working efficiently as quickly as possible,” he added.

“We are so pleased that the community has recognized our efforts in returning the three of us in such a decisive manner, Kovac said. “All our efforts are to improve our City and quality of life. This is our passion and we are delighted to be able to serve in this way. Cote Saint-Luc is now at a pivotal point in its history and has a chance to set the course for future generations.”

Nashen, Brownstein and Kovac, together with Housefather, plan to make emergency services a top priority and will fight to preserve the EMS, return the library to its state of excellence, support the public works team as it returns to local control and re-establishes a high level of service in maintaining parks, streets and facilities. Augmenting services to attract young families will be given attention, as will services for seniors. A harmonious relationship with all neighbouring communities is also a priority as the three indicated it is time for their city to turn a new leaf in building strong, cooperative bonds with its neighbours.

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