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New Listing Bulletin

For Immediate Release

98/13


CONTACT:

JUNE 15, 1998

WADE J. MURRAY
information@vse.ca
(604) 643-6592
CPAC (Care) Holdings Inc. Lists on VSE
Effective at the opening on June 15, 1998, CPAC (CARE) HOLDINGS LTD. was posted and called for trading on the Vancouver Stock Exchange. The company is classified as a "Venture" company and trades under the symbol "CPK".

Based in British Columbia, CPAC (Care) Holdings Ltd., through its wholly owned subsidiary, CPAC (Crescent Gardens Inc.), operates a condominium and long-term care facility in White Rock, B.C. and a seniors’ health care facility located in Nanaimo, B.C.

CPAC (Care) Holdings Ltd. has completed its initial distribution of shares to the public for total gross proceeds of $1,500,000.

The company’s capitalization is unlimited of which 24,107,466 shares are issued and outstanding (including 2,000,000 shares in escrow). Pacific Corporate Trust Company is the Transfer Agent for the company and Goepel McDermid Securities Inc. is the Sponsoring Member.

CPAC (CARE) HOLDINGS INC.
Don H.C. Ho, President
1147 Homer Street
Vancouver, BC  V6B 5T5
Phone: (604) 688-2220

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