AGF Makes Early Warning Report

TORONTO, April 12 /CNW/ - AGF Investments Inc. ("AGF") today announced that as a result of a decrease in shares of Castle Resources Inc. (V.CRI) held by AGF, AGF, on behalf of its clients, now has direction over:

    
    -   3,097,999 shares (or 9.61% of the outstanding shares calculated on a
        fully diluted basis) of Castle Resources Inc. (V.CRI).
    

The decrease in holdings by AGF was due to a sale of shares and it is not AGF's intention to influence the control or direction of Castle Resources Inc. (V.CRI).

About AGF Management Limited

AGF Management Limited is one of Canada's premier investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products and services include a diversified family of award-winning mutual funds, AGF Elements portfolios, the Harmony asset management program, services for institutional and private clients, as well as AGF Trust GICs, loans and mortgages. With approximately $45 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

SOURCE AGF

For further information: For further information: Martin Hubbes, Executive Vice-President and Chief Investment Officer, AGF Investments Inc., (416) 367-1900

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AGF

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