Lawrence Asset Management Inc. Announces Upcoming Conference Call to Discuss High Income Preferred Shares Corporation

    TORONTO, June 6 /CNW/ - Lawrence Asset Management Inc., the Manager of
High Income Preferred Shares Corporation ("HI PREFS"), today announced that it
intends to hold a conference call at 10 a.m. EST on June 10, 2008, to discuss
the outlook for HI PREFS (,

    Shareholders and Investment Advisors are invited to join the conference
call. The details are as follows:

    Date:     Tuesday, June 10, 2008
    Time:     10:00 am EST
    Dial in:  416-695-7806 / 1-888-789-9572
    Passcode: 3267826

    %SEDAR: 00017798E

For further information:

For further information: Investor Relations, Catherine Stretch, (416)

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