In response to media speculation, Rockwater Capital Corp. announced today that it has received unsolicited proposals from third parties with respect to a possible sale of Rockwater.

Rockwater has formed a special committee of its board of directors and has retained a financial advisor to assist it in reviewing such proposals, as well as further proposals received since the special committee was formed.

Rockwater continually investigates any and all opportunities which could enhance shareholder value. There can be no assurance that a transaction will result from any of the proposals.

Rockwater Capital Corporation (www.Rockwater.ca) is an independent diversified financial services company with a leading presence in three distinct, yet related businesses: asset management, wealth management, and capital markets.

Rockwater’s asset management business is comprised of KBSH Capital Management Inc., which offers investment counselling and portfolio management, and Lakeview Asset Management Inc., a retail investment management platform. Rockwater’s wealth management and capital markets businesses operate under Blackmont Capital Inc., a full service investment dealer.