Alliance Trust Company enters the Corporate Trust and Stock Transfer market

    CALGARY, March 5 /CNW/ - Alliance Trust Company today announced that on
December 3, 2007, it received the Government Charter and Letters Patent to
operate as a non-deposit taking, Specialty Trust Company in Alberta. It has
fulfilled all of the Government requirements, including establishing a Reserve
Fund in the amount of $2,000,000 in unencumbered capital. Alliance Trust
Company is now fully operational and open for business.
    Founder, President and CEO, Zinat H. Damji said, "We are excited to enter
this very limited market of service providers in the field of Stock Transfer
Agency and Corporate Trust Services." Currently, there are only a handful of
trust companies in Canada that specialize in providing these services. Damji
believes that public corporations will benefit from having a few alternatives
to choose from. Damji is no stranger to the world of stock transfer and
corporate trust. Having founded and successfully run another trust company
once before, Damji brings a high degree of sophistication and knowledge of the
industry as well as the business world.
    A sampling of services offered by Alliance Trust Company are:

    Transfer Agency and Registrar
    Escrow Agency
    Shareholder Meeting Services
    Depository and Information Agency
    Trustee for Income Trusts
    Trustee for Subscription Warrants
    Trustee for Debenture Issues
    Trustee for Employee Share Plans

    "As always, our commitment to provide Alberta based public corporations
with an exceptional level of service, in the most cost effective manner, is
unwavering." With a very stream lined stock transfer software system which
allows for maximum productivity, together with exceptional staff, Damji is
confident public corporations in Alberta will benefit from Alliance Trust
Company entering the market place.

    The head office of Alliance Trust Company is located in Calgary, Alberta,
with sub-agency offices in the cities of Toronto, New York and London
(England). For further information, please refer to the website at
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For further information:

For further information: Zinat H. Damji, President & CEO - Telephone
(403) 237-6111 or; Cheryl Wilson, Vice President,
Administration -; Beau Cairns, Manager, Stock Transfer
and Special Projects -

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