Northfield Capital Corporation
TSX VENTURE : NFD.RV.A

Northfield Capital Corporation

October 27, 2005 16:41 ET

Northfield Capital Corporation Acquires Common Shares and Debenture of Cimatec Environmental Engineering Inc.

TORONTO, ONTARIO--(CCNMatthews - Oct. 27, 2005) - Northfield Capital Corporation (TSX VENTURE:NFD.RV.A) ("Northfield") announces that on September 26, 2005 it acquired ownership of 1,666,667 common shares of Cimatec Environmental Engineering Inc. ("Cimatec") and was issued a convertible debenture in the principal amount of $750,953 (the "Debenture"), convertible into 3,754,765 common shares of Cimatec. In the event the Debenture is fully converted, these holdings represent approximately 13.84% of the issued and outstanding common shares of Cimatec as at September 26, 2005 calculated on a partially diluted basis assuming the full conversion of the Debenture only. As a result of this purchase, Northfield and its joint actor hold, as at September 26, 2005, an aggregate of 8,263,511 common shares of Cimatec (of which 8,136,786 common shares are owned by Northfield directly and 126,725 common shares are owned by its joint actor) and the Debenture of Cimatec, which aggregate holdings represent approximately 30.67% of the issued and outstanding common shares of Cimatec as at September 26, 2005 calculated on a partially diluted basis assuming the full conversion of the Debenture only (of which 30.35% represents the holdings of Northfield directly and 0.32% represents the holdings of its joint actor).

These transactions were made for investment purposes and Northfield could increase or decrease its investments in Cimatec depending on market conditions or any other relevant factor.

Additional Information

Additional information regarding Northfield is available on Northfield's website at www.northfieldcapital.com and on www.sedar.com, and through Northfield's offices.

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

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