Media Advisory - And The Award Goes To... Ivanhoe Cambridge Reveals Ryerson University Student Recipient of Prestigious Retail Award of Up To $150,000

    - Photo / Video Op -

    TORONTO, Jan. 30 /CNW/ - Canada's newest retail entrepreneur will be
revealed as Ivanhoe Cambridge announces the student recipient of the inaugural
Retail Evolution Program Award on Tuesday, January 30th at 11:30a.m. Five
student finalists from Ryerson University School of Retail Management are
vying for the opportunity to receive the prestigious award of up to $150,000
toward starting up their own retail store, inside one of Ivanhoe Cambridge's
high profile shopping centres in the Greater Toronto Area (GTA). After intense
competition and a comprehensive judging process, the five finalists, joined by
retail industry leaders, will be on hand at a special lunch reception as the
winner of this opportunity of a lifetime is unveiled.

    What:     Retail Evolution Program Student Award Ceremony

    Who:      Dr. Ken Jones, Dean, Faculty of Business, Ryerson University

              George Fiddler, Senior Vice President, Central Region, Ivanhoe

              Harry Rosen, Executive Chairman, Harry Rosen Inc.

              Retail Evolution Program Student Finalists

    Where:    Ryerson Business Building, 575 Bay Street
              (enter at 55 Dundas St. W) 7th Floor, Room 1-148

    When:     Tuesday, January 30th, 2007
              11:30am - 1:00pm

    About The School of Retail Management at Ryerson University
    The School of Retail Management, within the faculty of Business at
Ryerson University, is the centre of retail education in Canada, offering the
country's only Bachelor of Commerce degree in retail management. Its
reputation for excellence stems from a long history of extensive retail
research funded by government and industry. Responding to the unique needs of
the modern retail industry, from independents to national chains, the School
of Retail Management assists retailers by providing workshops, certificate
programs, custom training, distance education and its cornerstone program -
the Bachelor of Commerce in Retail Management. Ryerson University is Canada's
leader in career-focused education, with more than 80 graduate and
undergraduate programs in the Faculties of Arts, Business, Communication &
Design, Community Services, and Engineering, Architecture and Science. Founded
in 1948, Ryerson has graduate and undergraduate enrolments of 21,000 students.
With more than 64,000 registrations annually, The G. Raymond Chang School of
Continuing Education is Canada's leading provider of university-based adult

    About Ivanhoe Cambridge
    Ivanhoe Cambridge is a recognized leader in the Canadian real estate
industry. It is one of the country's pre-eminent property owners, managers,
developers and investors. The Company focuses on high-quality shopping centres
located in urban areas. Beyond its strong Canadawide presence, the Company is
also active in the United States, Brazil, Asia and Europe - where it partners
with prominent real estate entities. Its real estate portfolio consists of
more than 43.2 million square feet of retail space and includes over 65
regional and super-regional shopping centres. As at December 31, 2005, the
value of Ivanhoe Cambridge's assets was close to CAD $9.3-billion.
Headquartered in Montreal, Quebec, Canada, Ivanhoe Cambridge is a principal
real estate subsidiary of the Caisse de dépôt et placement du Québec, the
largest institutional fund manager in Canada. Amongst its shareholders, the
Company also counts four prominent Canadian pension funds. The Company's
Internet address is

For further information:

For further information: Tamara Colodny, (416) 504-3977 ext. 25,; Kathleen Powderley, Ryerson University, (416)
979-5000 ext. 7505

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