Lawrence Asset Management Inc. Announces Upcoming Conference Call to Discuss High Income Preferred Shares Corporation



    TORONTO, June 6 /CNW/ - Lawrence Asset Management Inc., the Manager of
High Income Preferred Shares Corporation ("HI PREFS"), today announced that it
intends to hold a conference call at 10 a.m. EST on June 10, 2008, to discuss
the outlook for HI PREFS (TSX:HPF.pr.a, HPF.pr.b).

    Shareholders and Investment Advisors are invited to join the conference
call. The details are as follows:

    
    Date:     Tuesday, June 10, 2008
    Time:     10:00 am EST
    Dial in:  416-695-7806 / 1-888-789-9572
    Passcode: 3267826
    

    %SEDAR: 00017798E




For further information:

For further information: Investor Relations, Catherine Stretch, (416)
362-6283, info@lawvest.com

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HIGH INCOME PREFERRED SHARES CORPORATION

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