MAV II Noteholders Meeting Adjourned

Extraordinary Resolution to amend structure to be voted on August 23, 2012

TORONTO, Aug. 16, 2012 /CNW/ - A meeting of Noteholders of Master Asset Vehicle II (MAV II), originally called to vote on an Extraordinary Resolution to amend the MAV II structure to allow for optional early redemptions (as outlined in the Information Statement relating to proposed amendments to the transaction documents of Master Asset Vehicle II, dated July 17, 2012), was adjourned today to allow for greater participation in the vote. As noted at the meeting, with nearly 66 2/3% of outstanding principal in favour, and over $2 billion of Notes yet to be voted, it was deemed prudent to adjourn the meeting. The extension of time will allow for Noteholders, who may have been unable to participate due to summer travel schedules, to vote.

The meeting will be reconvened on Thursday, August 23, 2012 at 10:00 a.m. (Toronto time) at the Fairmont Royal York, 100 Front Street W, Main Mezzanine, Algonquin Meeting Room, Toronto, Ontario M5J 1E3.

Noteholders who have questions regarding the Information Statement or the voting process may contact The Laurel Hill Advisory Group, the Proxy Solicitation Agent.

Further information for Noteholders

The Laurel Hill Advisory Group
[phone] (within North America)
[phone] (outside of North America)
[email protected]

Further information for Media

Peter Block or Beverly Brooks
NATIONAL Public Relations
[phone]

SOURCE: Moelis & Company