Balsam Hedge Fund available via FundSERV

Date: Tuesday, August 6, 2002

Balsam Capital Management Ltd., the general partner of Balsam Canadian Hedge Fund LP, says the fund is now available through investment dealers in Ontario via FundSERV. In addition the firm has appointed Gary Ostoich, a partner at the law firm of McMillan Binch, as a director. Ostoich acts for a broad range of intermediaries and end-users in the markets, including a number of hedge funds, and has chaired numerous conferences relating to hedge funds.