Investment Grade Trust Cancels Special Unitholder Meeting

    TORONTO, Nov. 13 /CNW/ - Crown Hill Investment Corporation (the
"Trustee"), the manager and trustee of Investment Grade Trust, has cancelled
the Special Meeting of Unitholders of Investment Grade Trust set for November
14, 2007 and terminated the proposed exchange of units of the Investment Grade
Trust for shares of the Investment Grade Class of a newly formed corporation
(the "Proposal"). Based on the proxies received to date and conversations with
holders of units of Investment Grade Trust, the Trustee has determined that,
in its judgement, it would be inadvisable to proceed with the Proposal at this
    Thank you.

    %SEDAR: 00018717E

For further information:

For further information: Crown Hill Investment Corporation, Trustee,
(416) 361-1212

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Investment Grade Trust

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