Alert Care 87-2 Limited Partnership



    WINNIPEG, July 31 /CNW/ - 726734 Ontario Limited, the General Partner of
Alert Care 87-2 Limited Partnership (the "Limited Partnership"), announced
today that it has sold the Limited Partnership's sole remaining property, The
Aurora Retirement Centre in Aurora, Ontario to 2172568 Ontario Limited for
$3,988,000.
    As soon as practicable following the sale and upon all conditions in the
purchase and sale agreement being satisfied and all indebtedness of the
Limited Partnership being paid, a final distribution of capital will be made
to limited partners and the Limited Partnership will be dissolved.

    Certain information included in this press release is forward-looking and
is subject to important risks and uncertainties. The results or events
predicted in these statements may differ materially from actual results or
events. Forward-looking information typically contains statements using words
such as "anticipate", "believe", "expect", "plan", "intend" or similar words
suggesting future outcomes, statements that actions, events or conditions
"may", "would", "could" or "will" be taken or occur in the future, or
statements regarding outlooks, estimates, expectation, beliefs, plans,
objectives, assumptions, or statements about future events.
    Readers are cautioned not to place undue reliance on forward-looking
statements. By their nature, forward-looking statements involve numerous
assumptions, risks, uncertainties and other factors that contribute to the
possibility that the predicted outcome will not occur. Alert Care 87-2 Limited
Partnership undertakes no obligation to publicly update or revise any
forward-looking statement in light of new information, future events, or
changes in conditions.




For further information:

For further information: Douglas E. Amy, Tel: 1-888-349-0739, Email:
DAmy@Assante.com

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ASSANTE WEALTH MANAGEMENT

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