Golden Opportunities Achieves Record Sales For The Sixth Consecutive Year

March 30, 2004

Release Date: March 30, 2004
Mr. Grant Kook, Chairman and Chief Executive Officer of Golden Opportunities Fund is pleased to report the Fund’s RRSP sales year to date were $11.5 million, a 16% increase over the same period in 2003.

The increased capitalization of the Fund to approximately $45 million not only confirms continued support and agreement of the Fund Manager’s investment principles, but enables the Fund to increase its investment size and manage its portfolio risk more effectively. Approximately 8,000 Saskatchewan shareholders have made Golden Opportunities Fund the #1 Selling Labour Fund for three consecutive years, and agree that investing in Saskatchewan is important for our future.

Golden Opportunities is Saskatchewan’s First and Largest Provincial Labour-sponsored Fund. The Fund has completed 32 investment transactions into 26 different Saskatchewan companies creating and maintaining thousands of jobs in the Province of Saskatchewan. Investors are eligible to receive a 35% tax credit in addition to the RRSP deduction.

For additional information please contact Mr. Grant Kook, CEO/Chairman of the Fund at (306) 652-5557 or by fax at (306) 652-8186.

Saskatchewan Financial Services Commission has neither approved nor disapproved the information contained herein.