GrowthWorks Commercialization Fund Ltd.

GrowthWorks Commercialization Fund Ltd.

September 10, 2007 20:30 ET

GrowthWorks Commercialization Fund Announces Proposed Change to Non-Venture Investments

TORONTO, ONTARIO--(Marketwire - Sept. 10, 2007) - GrowthWorks Commercialization Fund announced today that the Board has approved including in the management information circular for Fund's 2007 annual general meeting, a proposal to change the mix of non-venture investments for all series of the Fund's Class A Shares. The current mix of non-venture investments consists mostly of high quality Canadian debt securities and some high yield investments. The revised mix of non-venture investments would consist of high quality debt securities, high yield investments and bank securities. The change will allow the Fund to respond to a period of low interest rates on high quality debt securities with the aim of achieving higher non-venture returns.

The proposed change is subject to shareholder approval by ordinary resolution at GrowthWorks Commercialization Fund's 2007 annual general meeting scheduled for December 6, 2007. Details of the proposed change to the non-venture investment mix will be contained in the meeting materials sent to shareholders.

About GrowthWorks (www.growthworks.ca)

GrowthWorks™ managed funds provide investment capital for Canadian companies and tax-advantaged investment opportunities for Canadian investors. GrowthWorks(i) manages over $800 million in assets through the Working Opportunity Fund (EVCC) Ltd., GrowthWorks Atlantic Venture Fund Ltd., GrowthWorks Commercialization Fund Ltd. and GrowthWorks Canadian Fund Ltd. GrowthWorks identifies, analyzes and structures investments in companies with high growth potential. Particular emphasis is placed on IT, Life Sciences and Advanced Manufacturing sectors. Building on over 15 years of investment expertise, GrowthWorks is a leader in Canadian venture capital management.

GrowthWorks is a registered trademark of GrowthWorks Capital Ltd.

(i) GrowthWorks refers to affiliates of GrowthWorks Ltd. and includes: GrowthWorks Capital Ltd, manager of the Working Opportunity Fund (EVCC) Ltd.; GrowthWorks WV Management Ltd., manager of GrowthWorks Canadian Fund Ltd. and GrowthWorks Commercialization Fund Ltd.; and GrowthWorks Atlantic Ltd., manager of GrowthWorks Atlantic Venture Fund Ltd.

Commissions, trailing commissions, management fees and expenses all may be associated with investments in retail venture capital funds (RVCs). RVCs are not guaranteed; their values change frequently and past performance may not be repeated. Please read the prospectus before investing.

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