Homburg announces filing of an amended and restated business acquisition report

    Shares issued: Class A - 100,051,139 Class B - 31,514,782

    HALIFAX, NS, April 19 /CNW/ - (TSX: HII.A & HII.B and AEX:HII )
("Homburg" or the "Company") announced today that the Company has filed an
amended and restated business acquisition report (the "Amended BAR") amending
its business acquisition report filed on October 10, 2006 in connection with
Homburg's acquisition of MoTo Objekt Campeon GmbH & Co. KG ("MoTo"). The
Amended BAR is filed to reflect the deletion of certain amounts included in
the unaudited pro forma consolidated financial statements for the year ended
December 31, 2005 which did not conform with requirements for pro forma
financial statements included in business acquisition reports as set out in
Part 8 of National Instrument 51-102 - Continuous Disclosure Requirements.
    Homburg, with its head office in Halifax, Nova Scotia, owns and develops
a diversified portfolio of quality real estate including office, retail,
industrial and residential apartment and townhouse properties throughout
Canada, the United States and Europe.
    %SEDAR: 00013330E

For further information:

For further information: on this matter, please contact: Mr. Richard
Homburg, Chairman and CEO, (902) 468-3395; For information on Homburg Invest
Inc., visit our website at www.homburginvest.com

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Homburg Invest Inc.

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