Accretive Flow-Through (2005) Limited Partnership

Accretive Flow-Through (2005) Limited Partnership

February 02, 2006 16:36 ET

Accretive Flow-Through (2005) Limited Partnership Announces Year End Net Asset Values, Unit Conversion Ratios and Audited Financial Statements

CALGARY, ALBERTA--(CCNMatthews - Feb. 2, 2006) - Accretive Flow-Through (2005) Limited Partnership (the "Partnership"):

Audited financial statements for the period ending December 31, 2005 and Managements Discussion and Analysis are now available on www.sedar.com or on the Partnership's website at www.flowthroughlp.com.

Key highlights are:

- Total gross funds raised of all classes of units was $9,510,000;

- Net asset value of Class C Units on December 31, 2005 was $823,687 or $6.11 per unit;

- Net asset value of Class E Units on December 31, 2005 was $7,249,032 or $4.10 per unit.

For detailed portfolio holdings, please see Note 3 of the Partnership's audited financial statements.

The Partnership raised approximately $9.5 million and placed approximately $8.6 million in 26 investments. Current details of the investment portfolio are maintained on the Partnership's website at www.flowthroughlp.com and will be updated regularly.

As described in the final prospectus dated October 24th, 2005 which can be reviewed at www.sedar.com, effective January 15, 2006, the Class E Units were renamed Units and the Class C Units were converted to Units based on the December 31, 2005 net asset value of each class. Class C Units converted to Units on a 1.49:1 basis. A detailed conversion calculation can be found in Note 7 of the audited financial statements.

The TSX Venture Exchange has conditionally approved the listing of the post conversion Units subject to the Partnership fulfilling all of the requirements of the exchange.

If you have any further questions please do not hesitate to contact us at the numbers below.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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