Advisory - CIBC World Markets announces Ninth Annual North American Real Estate Equities Conference on Wednesday 24 March 2004 TORONTO, March 23 /PRNewswire-FirstCall/ -- Tomorrow, more than 400 leading North American Real Estate executives and investors will meet at the CIBC World Markets' Ninth Annual North American Real Estate Equities Conference in Toronto, Canada. The conference will focus on a range of topics facing the North American Real Estate industry including property investment outlook, equity capital market trends, real estate M&A activity, and institutional investor likes and dislikes, as well as an economic outlook by CIBC Chief Economist Jeff Rubin. This year's format consists of four 45-minute panel discussions and informal "one-on-one" discussions with the management of Canadian and U.S. prominent publicly traded real estate companies, money managers, pension funds and private investors. The conference's luncheon keynote speaker is Billy Beane, General Manager of the Oakland A's. For the past three years, Beane has been taking on the big boys in baseball, winning more often than not, and making fools out of the owners who insist that baseball's economics are out of whack. He shares a fascinating story of how to compete and win against bigger, wealthier, and stronger opponents. The conference is being held at the Sheraton Centre Toronto Hotel, 123 Queen Street West, Toronto. More information on the conference including an agenda and a list of planned speakers is available at http://www.cibcwm.com/conferences/realestate2004/. Media are asked to pre- register. An audio cast will also be available beginning at 9:00 am. CIBC World Markets is a full service corporate and investment bank throughout North America, with operations in Asia, Europe and Australia, and serving more than 8,000 corporate, government and institutional clients. CIBC World Markets' parent company is CIBC, one of North America's first and largest financial institutions with offices in 18 countries, including the world's major financial centers. A publicly traded financial services company, CIBC has assets of US$210.1 billion and a market capitalization of almost US$16.2 billion. DATASOURCE: CIBC World Markets CONTACT: For more information and to register, media should contact Rod Cumming, Marketing and Communications, CIBC World Markets at (416) 594-7774 or

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