Front Street Capital

Front Street Capital

January 26, 2007 10:03 ET

Front Street Flow-Through 2005-I Limited Partnership Rollover and Dissolution

TORONTO, ONTARIO--(CCNMatthews - Jan. 26, 2007) - Front Street Capital 2005-I Limited Partnership (the "Partnership") announced today that it had completed the direct and indirect tax-deferred transfer of the assets of the Partnership (the "Mutual Fund Rollover Transaction") into the Front Street Rollover Fund Limited (the "Rollover Fund"), as discussed in its press release of January 9, 2007. The Partnership is being dissolved effective January 26, 2007.

The final net asset value per Partnership unit was $28.9275. Rollover Fund Class A, Series A-1 Shares ("Fund Shares") were issued at $9.9618 each. Partnership units were converted at the rate of 2.9038 Fund Shares for each Partnership unit.

The Fund Shares will be available for redemption on or about January 29, 2007, under FundServ Code FSC 200.

Additional Information: An offering memorandum has been prepared in respect of the Fund Share distribution and is available to limited partners of the Partnership at, through their broker, by calling Front Street at 1-800-513-2832.

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