Effective at the opening on December 18, 1998, Forest & Marine Investments Ltd. commenced trading on the Vancouver Stock Exchange. The company is classified as a "Exempt" company and trades under the symbol "FME".

Incorporated in British Columbia, Forest & Marine Investments Ltd. provides variable rate term loan financing primarily to companies engaged in the forest products, marine and aviation industries in British Columbia.

The company’s capitalization is 100,000,000 common shares with no par value of which 3,585,001 common shares are issued and outstanding, and 100,000,000 Class B common shares without par value of which 144,700 class B common shares are issued and outstanding. Montreal Trust Company of Canada is the transfer agent and Union Securities Ltd. is the sponsoring Member.

For further information, please refer to the Company’s Prospectus dated December 14, 1998.

FOREST & MARINE INVESTMENTS LTD.
John L. Hitchcock, President
204 – 1551 Estevan Road
Nanaimo, BC
V9S 3Y3
Telephone: (250) 753-0140 or (604) 681-5375