Lawrence Asset Management Inc. Announces Strategic Investor



    
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    TORONTO, Feb. 27 /CNW/ - Lawrence Asset Management Inc. ("LAMI") is
pleased to announce that a personal holding company wholly owned and
controlled by Gordon McMillan, has acquired a significant minority equity
interest in LAMI. The transaction closed on February 26, 2009 and is expected
to provide additional financial and industry resources to support the growth
strategy of the business. Mr. McMillan brings a wealth of experience in the
Canadian financial services industry, having previously founded among other
companies Triax Capital Corp., Skylon Capital Corp., and the Venturelink Group
of funds.
    "LAMI represents an attractive opportunity and has the potential to
become a significant Canadian asset management firm" said Mr. McMillan. "The
business has not been immune to the difficulties of the markets over the past
several months, but I believe in the people behind LAMI and have every
confidence that the business will grow and thrive as it strives to deliver
exceptional investment returns for its valued clients."

    Lawrence Asset Management is a specialized global asset management firm
with interests and investments in Canada and around the world. We provide
investors with access to niche oriented investment funds from growth to yield
to specific geographic regions and industry sectors.





For further information:

For further information: please call Catherine Stretch at (416)
362-6283, or info@lawrenceasset.com or visit www.lawrenceasset.com

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LAWRENCE ASSET MANAGEMENT

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