Lawrence Asset Management Inc. reduces position in Day4Energy Inc. below 10%



    TORONTO, Oct. 3 /CNW/ - Lawrence Asset Management Inc. ("LAMI") has filed
an early warning report in respect of common shares of Day4Energy Inc. (Day4)
it has sold on behalf of funds it manages ("the Funds"). LAMI is an Investment
Manager and has control and direction over the common shares and warrants of
DAY4 held within the Funds.
    1,050,500 common shares of DAY4 have been sold by funds managed by LAMI
("the Funds") since the last early warning report was filed. This reduces the
Funds' control or direction from 4,504,440 common shares and 156,642 warrants
to 3,453,940 common shares and 156,642 warrants, representing approximately
9.80% of the common shares of DAY4 outstanding currently on a partially
diluted basis.
    The shares of DAY4 were sold for investment purposes on behalf of the
Funds. The Funds continue to hold a significant position in DAY4 and LAMI
continues to have a positive outlook on the company.
    The interest in DAY4 was acquired by the Funds in the ordinary course of
business, for investment purposes only, and not for the purpose of exercising
control or direction over DAY4 and the Funds may, depending on market
conditions, increase or decrease their holdings of DAY4.

    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.

    %SEDAR: 00026066E




For further information:

For further information: Catherine Stretch, (416) 362-6283,
info@lawrenceasset.com, www.lawrenceasset.com

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LAWRENCE ASSET MANAGEMENT

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