Van Arbor Asset Management Acquired by ZLC Private Investment Management

Tuesday, September 23, 2008

Van Arbor Asset Management Ltd. ("Van Arbor") today announced that it's shareholders have entered into a definitive agreement to sell a 70% interest in Van Arbor to ZLC Private Investment Management Inc., a division of ZLC Financial Group.

"Building on our strong alliance established last year, Van Arbor and ZLC interests are now aligned with a commitment to provide quality investment fund solutions to shareholders, clients, advisors and institutions," said Andrew Parkinson, Managing Director and Portfolio Manager. "Combining our strengths will allow Van Arbor to expand its potential across Canada as a premier fund management firm."

"We believe that the acquisition of Van Arbor strengthens our position and greatly increases the asset management services and resources offered to our retail, institutional and high net worth client segments," said Garry Zlotnik, President of ZLC Private Investment Management. "With a long history in the Canadian marketplace, ZLC has a proven capability and we are committed to growth of unique financial offerings."

About Van Arbor Asset Management (www.vanarbor.com)

Vancouver-based Van Arbor Asset Management Ltd. is focused on creating wealth for its clients using a disciplined, proprietary investment methodology with an emphasis on preserving capital while generating superior long-term returns. Van Arbor offers the Van Arbor Canadian Advantage Fund, the Van Arbor US Advantage Fund, the Van Arbor Euro Advantage Fund and the Van Arbor World Advantage Fund direct and through financial advisors across Canada.

About ZLC Private Investment Management (www.zlcpm.net)

ZLC Private Investment Management was launched in April 2000 as the Asset Management division of ZLC Financial Group (formerly Zlotnik, Lamb & Company). ZLC Financial Group can trace its proud history back to 1945, and the passion for capital preservation that has driven its success is a great strength ZLC Private Investment Management has inherited.

For more information or to obtain a copy of the Offering Memorandum please contact or Andrew Parkinson, Managing Director, andrew@vanarbor.com at 604-895-7122 or Steve Hanson, Managing Director, steve@vanarbor.com at 604-895-7126.

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