GEOSAM CAPITAL INC. ANNOUNCES INCREASED INVESTMENT IN LAKEVIEW HOTEL REAL ESTATE INVESTMENT TRUST

TORONTO, Feb. 8 /CNW/ - Geosam Capital Inc. ("Geosam") announces that on February 8, 2011 it acquired 1,691,500 trust units of Lakeview Hotel Real Estate Investment Trust ("Lakeview") at a cost of $0.30 per trust unit, representing approximately 8.88% of the outstanding trust units of Lakeview.

Immediately after the transaction, Geosam owns 3,634,500 trust units representing approximately 19.07% of the outstanding trust units of Lakeview.

The purchase of the trust units by Geosam was made through Alpha Trading Systems for investment purposes. Geosam may, from time to time, acquire additional trust units or other securities of Lakeview, dispose of some or all of the existing or additional trust units or other securities of Lakeview, or continue to hold trust units or other securities of Lakeview in the normal course of Geosam's investment activities.

SOURCE Geosam Capital Inc.

For further information:

Michael Rapps
Managing Director
Geosam Capital Inc.
TD Canada Trust Tower
161 Bay Street, Suite 2400
P.O. Box 217, Toronto, ON, M5J 2S1
t: (416) 855-1925
f: (416) 640-1834

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