Sarbit Asset Management expands Products & Options

    WINNIPEG, Oct. 2 /CNW/ - Sarbit Asset Management Inc. (Sarbit) announced
today the launch of 3 new core funds, in tandem with Sarbit Income Solutions
(T-Class), where investors will have 3 different annualized target
distribution options for funds that are available on the Sarbit Income
Solutions platform.
    With the recent addition of portfolio manager Sam Pellettieri (pending
regulatory approval), Sarbit Asset Management introduces 3 new core fund
offerings which include:

    Fund               Portfolio Manager(s)   Asset Class Responsibility
    ----               --------------------   --------------------------

    Sarbit Canadian    Sam Pellettieri        Canadian Equity
     Equity Trust

    Sarbit Global      Larry Sarbit           US Equity
     Equity Trust      Sam Pellettieri        Canadian, International Equity

    Sarbit Global      Larry Sarbit           US Equity
     Balanced Trust    Sam Pellettieri        Canadian, International Equity
                       Nestor Theodorou       Global Fixed Income

    Larry Sarbit, President and Chief Executive Officer of Sarbit Asset
Management Inc., says, "By adding Sam, an equity portfolio manager who has a
similar discipline and approach to investing, we can now offer our style and
disciplined approach of money management in the asset classes most requested
by our advisors."
    In tandem with the new funds introduction, Sarbit will be launching its
new Sarbit Income Solutions T-Class Funds, available November 1, 2007. Funds
offered under the new Sarbit T-Class will give investors the choice of three
different annualized, monthly income options:

    -   4% Annualized Target Distribution (T4 Class)
    -   6% Annualized Target Distribution (T6 Class)
    -   8% Annualized Target Distribution (T8 Class)

    Funds offered in the Sarbit Income Solutions T-Class will be:

    -   Sarbit Canadian Equity Trust
    -   Sarbit Global Equity Trust
    -   Sarbit Global Balanced Trust
    -   Sarbit US Equity Trust

    In addition to the new funds and T-Class launch, Sarbit has also added
online access for both financial advisors & investors. Financial advisors now
have the ability to view asset reports, 10% free DSC reports, & client
statements online. Individual investors will also have the ability to see an
up-to-date investment statement of their Sarbit funds online.
    "We know a company's website is a critical part of any fund company's
business, and we feel this will further give financial advisors and investors
the critical tools that are becoming standard in the Canadian Mutual Fund
Industry," adds Sarbit.

    Sarbit Asset Management Inc. was founded in 2005, and is an investment
management firm providing investment advisory and related services. Sarbit
distributes its services through a diversified network of third party
financial advisors who look for a rational, common sense, business-like
approach to investing.

For further information:

For further information: Larry Sarbit, CEO & President, (204) 942-2177

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