Horizons BetaPro ETFs Not Affected by Short Selling Prohibition

    TORONTO, Sept. 22 /CNW/ - Jovian Capital Corporation (Jovian) (JOV: TSX)
and its subsidiary BetaPro Management Inc. (BetaPro), the manager and trustee
of the Horizons BetaPro ETFs (each a "HBP ETF"), is pleased to confirm that
the temporary order issued by the Ontario Securities Commission on Friday,
September 19, 2008, prohibiting the short selling of securities of certain
financial institutions does not affect the HBP ETFs, which will all continue
to be offered on the Toronto Stock Exchange.

    About the Horizons BetaPro ETFs

    The HBP ETFs are a family of 28 innovative exchange traded funds
established under the laws of Ontario. Each HBP ETF is designed to provide
daily investment results, before fees, expenses, distributions, brokerage
commissions and other transaction costs, that endeavour to correspond to a
multiple or the inverse (opposite) multiple of the daily performance of a
specified underlying index.

    About BetaPro Management Inc. (www.HBPETFs.com)

    The HBP ETFs are managed by BetaPro, Canada's sole provider of investment
tools allowing investors to profit when the market is rising or falling, or to
reduce their risk by hedging their existing market exposure. BetaPro currently
manages the largest number of Canadian exchange traded funds, with
approximately $1.5 billion in client assets amongst the 28 HBP ETFs.

    About Jovian Capital Corporation (www.joviancapital.com)

    Jovian acquires, creates and grows financial services companies
specializing in wealth and asset management. The Jovian group of companies
(MGI Securities Inc., MGI Securities (USA) Inc., Rice Financial Group Inc.,
BetaPro, Horizons Funds Inc., JovFunds Management Inc., JovFunds Inc.,
JovInvestment Management Inc., Leon Frazer & Associates Inc., T.E. Wealth and
Felcom Data Services Inc.) manages $15.0 billion of client assets
($6.0 billion in assets under management and $9.0 billion in assets under
administration). Additional information about Jovian is available at
www.joviancapital.com and www.sedar.com.

For further information:

For further information: Don Sangster, Investor Relations, Jovian
Capital Corporation, (416) 933-5744; or Howard Atkinson, President, BetaPro
Management Inc., (416) 777-5167

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Jovian Capital Corporation

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