HLD Land Development Limited Partnership: Potential Asset Sale

The board of directors of DiGiT Development Inc. ("DiGiT"), the general partner
of HLD Land Development Limited Partnership ("HLD") (NEX:HLD.UN), is pleased to
announce that it has received an offer to purchase and entered into an agreement
(the "Agreement") to sell the debentures (the "Debentures") constituting
substantially all of the assets of HLD (the "Transaction").


The Debentures were issued by Landus Development Group Inc. ("Landus") on
September 30, 2006 as part of an asset sale whereby Landus purchased
substantially all of the real estate and other assets of HLD. Since 2006, the
Debentures have been the only significant asset of HLD, and the interest earned
thereon constitutes its only source of income.


Under the Agreement, the purchase price for the Debentures is $2,900,000. The
Transaction remains subject to certain conditions set forth in the Agreement,
including adequate financing being secured by the purchaser, and the approval of
the Transaction by NEX and the limited partners of HLD being obtained by HLD.
The approval of the limited partners of HLD for the Transaction will be sought
at an extraordinary general meeting of HLD to be held on March 31, 2009.


Following completion of the Transaction, HLD will be dissolved. The outstanding
liabilities of HLD will be paid and the remaining assets of HLD will be
distributed to the limited partners in accordance with the terms of the Limited
Partnership Agreement.


If the approval of NEX is obtained and all of the conditions precedent to the
Transaction are satisfied, the Transaction is expected to close in approximately
July of 2009.