| Notice from the Office of the Secretary |
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| Ontario Securities Commission 20 Queen St. W. Box 55, Suite 1900 Toronto, ON M5H 3S8 |
Commission des valeurs mobilières de l'Ontario |
FOR IMMEDIATE RELEASE March 18, 2011 |
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
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IN THE MATTER OF SKYLINE APARTMENT REAL ESTATE INVESTMENT TRUST,
SKYLINE INCORPORATED, and SKYLINE ASSET MANAGEMENT INC.
TORONTO – Following a hearing held today, the Commission issued an Order in the above named matter approving the Settlement Agreement reached between Staff of the Commission and Skyline Apartment Real Estate Investment Trust, Skyline Incorporated and Skyline Asset Management Inc.
A copy of the Order dated March 18, 2011 and Settlement Agreement dated March 15, 2011 are available at www.osc.gov.on.ca
OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY
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| For media inquiries: | Wendy Dey Director, Communications & Public Affairs 416-593-8120 Carolyn Shaw-Rimmington Manager, Public Affairs 416-593-2361 Dylan Rae Media Relations Specialist 416-595-8934 |
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| For Investor Inquiries: | OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free) |