Homburg Invest Inc. announces update with respect to its "Homburg Capital Securities A" - (Clarification)

    Shares issued: Class A - 16,790,018 Class B - 3,150,239

    HALIFAX, Feb. 9 /CNW/ - (TSX: HII.A & HII.B and NYSE Euronext Amsterdam:
HII) - Mr. Richard Homburg, Chairman and CEO of Homburg Invest Inc. ("HII" or
"Homburg Invest") wishes to clarify the subordination status of the Homburg
Capital Securities A issue announced Friday, February 6, 2009.
    The Homburg Capital Securities A, which is in the final approval stages
with The Netherlands Authority for the Financial Markets (Autoriteit
Financiele Markten) of a prospectus related to the Homburg Capital Securities
A, will be subordinate to Homburg Invest's existing Homburg Mortgage Bonds and
Homburg Bonds and will rank senior to Homburg Invest's Class A Subordinate
Voting shares and Class B Multiple Voting shares.

    Homburg Invest, with its head office in Halifax, Nova Scotia, is an
international real estate investment and development company that owns a
diversified portfolio of quality real estate, including office, retail,
industrial and residential apartment and townhouse properties in Canada,
Europe and the United States. Homburg Invest also owns land assets for
development in Calgary and Edmonton, Alberta; Montreal, Quebec; and
Charlottetown, Prince Edward Island. In 2007, Homburg Invest completed
significant acquisitions totalling over approximately CAD$ 1.1 billion and as
of September 30, 2008 has assets of over CAD$ 4.0 billion with an approximate
aggregate of 20.2 million square feet of gross leasable area.

    This news release may contain statements which by their nature are
forward looking and express Homburg Invest's beliefs, expectations or
intentions regarding future performance, future events or trends. Forward
looking statements are made by Homburg Invest in good faith, given
management's expectations or intentions however, they are subject to market
conditions, acquisitions, occupancy rates, capital requirements, sources of
funds, expense levels, operating performance and other matters. Therefore,
forward looking statements contain assumptions which are subject to various
factors including: unknown risks and uncertainties: general economic
conditions; local market factors; performance of other third parties;
environmental concerns; and interest rates, any of which may cause actual
results to differ from Homburg Invest's good faith beliefs, expectations or
intentions which have been expressed in or may be implied from this news
release. Therefore, forward looking statements are not guarantees of future
performance and are subject to known and unknown risks. Information and
statements in this document, other than historical information, should be
considered forward-looking and reflect management's current views of future
events and financial performance that involve a number of risks and
uncertainties. Factors that could cause actual results to differ materially
include, but are not limited to, the following: general economic conditions
and developments within the real estate industry, competition and the
management of growth. The Toronto Stock Exchange has neither approved nor
disapproved of the information contained herein.
    %SEDAR: 00013330E

For further information:

For further information: Mr. Richard Homburg, Chairman and CEO, Homburg
Invest Inc., (902) 468-3395; Richard Stolle, President and COO, Homburg Invest
Inc., 011 31 20 573 3855

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Homburg Invest Inc.

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