Media Room

Press Releases - 2004

Dec. 22, 2004
Global Banks Premium Income Trust Files Preliminary Prospectus
BURLINGTON, ONTARIO - AIC Limited is pleased to announce that Global Banks Premium Income Trust (the "Trust") has filed a preliminary prospectus dated December 20, 2004 for the initial public offering of units (the "Units") of the Trust at a price of $10.00 per Unit (the "Offering Price"). Read more...

Dec. 17, 2004
AIC Settlement Agreement Approved by OSC
AIC Limited confirmed that the Ontario Securities Commission (OSC) yesterday approved AIC's settlement agreement relating to trading by a small number of sophisticated market timers in certain AIC Funds. AIC agreed to make a compensation payment of $58.8 million to affected unitholders in the relevant AIC Funds. Read more...

Oct. 14, 2004
Canadian Financier Michael Lee-Chin says situation in the Caribbean remains urgent
Jamaican born Canadian, Michael Lee-Chin, Chairman and CEO of AIC Limited (AIC) and the Berkshire group of companies (Berkshire), President and CEO, says continued Canadian support is still needed to address the ongoing humanitarian needs in Caribbean countries affected by Hurricane Ivan and Tropical Storm Jeanne. Read more...

Sept. 21, 2004
AIC Limited – Press Release
AIC Limited today announced that it received notice from the Ontario Securities Commission (OSC) late yesterday in connection with OSC staff's ongoing review of trading practices in the mutual fund industry. Read more...

Sept. 15, 2004
After Hurricane Ivan, American Friends of Jamaica Ready for Biggest Benefit Ever
Following in the footsteps of Hurricane Ivan, which caused widespread damage in Jamaica, The American Friends of Jamaica will hold their annual benefit dinner on Thursday, Nov. 4 at the Waldorf Astoria in New York. Read more...

Sept. 7, 2004
AIC Announces Seven New Funds
Burlington, Ontario - AIC today announced the launch of the new AIC Dividend Income Fund as well as six additional funds under the new AIC Portfolio Group - all designed to respond to the needs of investors and advisors looking for tax efficient, long-term wealth creation solutions. Read more...

June 18, 2004
AIC Limited Takes Leading Role in Building Stronger Communities in Burlington and Hamilton
Burlington, Ontario - AIC Limited is once again taking a lead role in building stronger communities in Burlington and Hamilton, with the announcement of its AIC Leadership Challenge. Read more...

May 19, 2004
Rotary Club of Burlington Central honours outstanding community leaders Murray Hogarth and AIC Limited
Burlington, Ontario - AIC Limited and Pioneer Petroleum founder Murray Hogarth are being honoured by the Rotary Club of Burlington Central at its Annual Community Service Awards Breakfast. Read more...

May 13, 2004
Jesus 2000 Coming To Toronto, AIC Premier Sponsor
Burlington, Ontario - AIC is the Premier Sponsor of the acclaimed musical production JESUS 2000 which is coming to Toronto from Jamaica after sold out performances in New York, Miami, and Atlanta. Read more...

May 3, 2004
Michael Lee-Chin to give keynote address at the National Youth Entrepreneurship Awards on May 11 in Toronto
Burlington, Ontario - Michael Lee-Chin, AIC Chairman and Chief Executive Officer, will share his long term investment philosophy with the country's up-and-coming business leaders at the Young Entrepreneurs' Gala Awards Dinner hosted by Advancing Canadian Entrepreneurship (ACE) and sponsored by Enterprise Rent-A-Car. Read more...

March 19, 2004
AIC Diversified Canada Split Corp.
Burlington, Ontario - AIC Diversified Canada Split Corp. today announced that a quarterly cash distribution in the amount of $0.375 per preferred share of the Corporation will be paid on March 31, 2004 to preferred shareholders of record as of March 30, 2004. Read more...

February 17, 2004
AIC Diversified Canada Split Corp.
AIC Diversified Canada Split Corp. today announced that 6,425 Capital Shares and 6,425 Preferred Shares, representing 0.56% of the issued and outstanding Capital Shares and Preferred Shares, respectively, were surrendered on February 13, 2004 for concurrent retraction under the regular monthly retraction privilege. Read more...

January 29, 2004
University of Toronto Celebrates $1-billion milestone
$10-million Gift Puts Campaign Over the Top

The Campaign for the University of Toronto has raised an unprecedented $1 billion, the university announced today. Read more...

January 16, 2004
AIC Offers Investors New Online Access To Accounts
AIC Limited announced it is launching today its new AIC Client Online service, a Web-based secure access to individual account information. Read more...

January 5, 2004
AIC Group of Funds receives DALBAR's 2003 Mutual Fund Service Award
After a year that saw many of Canada's largest mutual fund companies provide improved service to their unitholders, AIC Group of Funds has captured the 2003 Mutual Fund Service Award for service to English-speaking clients, DALBAR announced today. Read more...

Media Contact:

Terri Oswald
Director, Media Relations
AIC Limited, Burlington ON
(905) 331-4242, ext. 4345
1-888-710-4242, ext. 4345
toswald@aic.com



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