FMIC appoints new Director

SHARBOT LAKE, ON, Oct. 21 /CNW Telbec/ - On October 17, 2009 , the Board of Directors of Frontenac Mortgage Investment Corporation (FMIC) appointed Mrs. Rosemarie Bowick as a Director of the Corporation. Mrs. Bowick is a Director of the Mortgage Investment Corporation of Eastern Ontario and has served as Chair of that private corporation for the past three years. Mrs. Bowick brings experience in organizing and running several community service organizations and serving on several types of boards of directors from a condominium association to a community development corporation in Frontenac County. Mrs. Bowick is married with a blended family of eight children and eleven grandchildren. She and her husband are retired and live in Sharbot Lake, Ontario.

FMIC is a mortgage investment corporation as defined by the Income Tax Act, section 130.1. It is managed by W. A Robinson & Associates Ltd. FMIC has assets in excess of $27 million and has provided consistent returns to its investors for over 26 years. It is a prospectus product and its corporate documents can be seen at www.fmic.ca or www.sedar.com.

For further information: Barbara Neill, 1-877-279-2116 ext 104, email [email protected]