The Griffin Corporation
TSX VENTURE : GRN

The Griffin Corporation

May 25, 2005 15:01 ET

The Griffin Corporation: News Release

TORONTO, ONTARIO--(CCNMatthews - May 25, 2005) - The Griffin Corporation (TSX VENTURE:GRN) today announced that it has signed an investor relations agreement with Fleishman-Hillard Inc. ("FH"). Under the terms of the agreement, FH will provide a range of investor relations services, including strategic counsel, investment community and media outreach and other communications support, as necessary.

The anticipated monthly cost for these services is approximately $5,000. Both parties have the option of terminating this agreement at any time, provided they notify one another in writing 30 days in advance. FH does not hold any interest, directly or indirectly, in Griffin or its securities.

ABOUT FLEISHMAN-HILLARD CANADA INC.

Fleishman-Hillard Canada Inc. is a division of the world's leading public relations firm, Fleishman-Hillard. Based in St. Louis, the firm is part of the Omnicom Group Inc., a leading global marketing and corporate communications company. Fleishman-Hillard operates throughout North America, Europe, Asia, Latin America, Australia, and South Africa through its 79 offices. The company operates a global Financial & Investor Communication practice, with capabilities in key markets such as Toronto, New York and Chicago. Fleishman-Hillard's Toronto Financial and Investor Communication group specializes in small-to mid-capitalization Canadian companies.

ABOUT THE GRIFFIN CORPORATION

Founded in 1998, The Griffin Corporation (TSX VENTURE:GRN) is a Canadian-based real estate investment company that presently owns income producing commercial real estate in Hamilton, Kitchener, London and Timmins, Ontario including a 100% interest in "The Sir William Osler Medical Center" at 565 Sanatorium Road in Hamilton; a 100% interest in 1251 Huron Street, 'Huron Market Place' in London; a 100% interest in 73 King Street, Kitchener; and a 50% interest in "The 101 Mall" at 38 Pine Street in Timmins.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No Securities Commission or other regulatory authority having jurisdiction over Icefloe has approved or disapproved of the information contained herein.

For more information about Griffin, please visit the company website at http://www.griffincorporation.com.

Certain information included in this press release is forward-looking and may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with Griffin's growth, the development of the real estate market, regulatory risks and other factors. Unless otherwise required by applicable securities laws, Griffin disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about potential factors that could affect Griffin's financial and business results is included in public documents Griffin files from time to time with Canadian securities regulatory authorities.

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