Brookfield Investments is new name for Brascade Corporation

Fraser Papers Inc.'s owner is now Toronto, ON-based Brookfield Investments Corp., which recently changed its name from Brascade Corporation to reflect its emerging role as an investment company within the Brookfield Asset Management group.

In addition to Fraser Papers, Brookfield Investments currently holds common share interests in other Brookfield group companies, namely Brookfield Properties Corporation, Canary Wharf plc and Norbord Inc., as well as a portfolio of preferred shares issued by companies in the Brookfield Asset Management group. The common shares of Brookfield Investments are wholly owned by Brookfield Asset Management Inc., an asset management company focused on property, power and infrastructure assets.

Brookfield Investments' Class 1 Senior Preferred Shares, Series A, are now trading on the Toronto Stock Exchange under the company's new name and new stock symbol, BRN.PR.A.

www.brookfieldinvestments.com.

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