Integrated Asset Management Corp. and GPM Investment Management Announce Final Close of GPM (13) Raising $135 Million

Integrated Asset Management Corp. ("IAM") (TSX:IAM) and its real estate asset
management arm, GPM Investment Management ("GPM"), announced today the final
close of GPM (13), the 13th fund in its highly successful series of pooled real
estate funds, raising $135 million. 


GPM (13) is a discretionary fund focusing primarily on industrial properties,
along with select retail and office opportunities, in the Greater Toronto Area,
Ottawa, Edmonton, Calgary, Vancouver, Montreal and Halifax markets.


GPM (13) is structured as an open-end fund, recognizing market demand and
respecting the desire of our many repeat investors to be able to periodically
make additional investments while providing liquidity for rebalancing purposes.


The GPM funds continue to provide superior returns generating an annualized
composite net rate of return of 12.8% over 32 years. The superior return, stable
income generation and the strength of its management team continue to make GPM
attractive to institutional investors such as pension funds, endowments and
foundations.


Rick Zagrodny, President of GPM, said, "We are very pleased with the confidence
our clients have expressed in us and look forward to continuing our
well-established tradition of superior performance. Following completion of the
initial investment period, the fund will open to new subscriptions. We expect
that the open-end structure will attract additional new investors to join our
loyal core of repeat investors." 


GPM is a wholly-owned subsidiary of IAM. IAM is one of Canada's leading
alternative asset management companies, with approximately $2.0 billion in
assets and committed capital under management in private debt, real estate,
private equity and managed futures. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
GPM Investment Management
Rick Zagrodny
President
416.864.6516
[e-mail]


Integrated Asset Management Corp.
David G. Mather
Executive Vice president
416.933.8274
[e-mail]
www.iamgroup.ca