Stone Agribusiness Fund

Stone Agribusiness Fund

January 14, 2008 16:34 ET

Stone Agribusiness Fund Files Preliminary Prospectus

TORONTO, ONTARIO--(Marketwire - Jan. 14, 2008) - GaleForce Administration Services Inc. ("GF"), on behalf of the Stone Agribusiness Fund (the "Fund"), has filed a preliminary prospectus dated January 8, 2008 with the Canadian securities regulatory authorities in each of the provinces and territories of Canada.

The Fund has been created to offer investors an opportunity to participate in the growth of the global agriculture sector, as well as sectors indirectly involved in the business of agriculture supply. The Fund's investment objective is to provide holders of Trust Units with long term capital appreciation through:

(a) an actively managed, diversified portfolio comprised primarily of publicly-listed securities of issuers that provide exposure to the agriculture sector including food production, such as grains, livestock and fish, agriculture equipment and sales, fertilizers, seed and specialty chemicals and agriculture infrastructure that includes water, energy and alternative energy, transportation, agriculture technology and biotechnology related to the agribusiness; and

(b) exposure to the agriculture commodities that comprise the Rogers International Agriculture Commodity Index® (the "RICI®-A").

The offering is made by a syndicate of agents led by National Bank Financial Inc. and CIBC World Markets Inc. and includes BMO Nesbitt Burns Inc., Research Capital Corporation, Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, Wellington West Capital Inc., Berkshire Securities Inc., Blackmont Capital Inc., HSBC Securities (Canada) Inc., Raymond James Ltd., Burgeonvest Securities Ltd., IPC Securities Corporation and Richardson Partners Financial Ltd.

Stone Asset Management ("SAM"), the investment advisor of the Fund, and Stone & Co. Limited ("SCL"), the promoter and administrator of the Fund, manage and administer a family of open-ended mutual funds, a series of flow-through limited partnerships and a TSX listed closed end investment fund. SAM currently has assets under administration of approximately $850M.

A preliminary prospectus relating to these securities has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada but has not yet become final for the purpose of a distribution to the public. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any province or territory of Canada prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission or similar authority in any such province and territory.

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