Press Release

DBRS Rates bcIMC Realty’s $200 Million Series 7 Medium-Term Notes at AA, Stable Trend

Real Estate
January 26, 2010

DBRS has today assigned a rating of AA with a Stable trend to the $200 million, 3.38%, Series 7 Medium-Term Notes due January 29, 2015 (the Notes) of bcIMC Realty Corporation (bcIMC Realty).

The Notes are direct senior unsecured obligations of bcIMC Realty and rank equally and rateably with the existing Medium-Term Notes of bcIMC Realty.

DBRS understands that the use of proceeds from the Notes is for general corporate purposes.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Real Estate, which can be found on our website under Methodologies.

This is a Corporate rating.

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