December 09, 2008 16:31 ET

Norstar Securities Trust Announces Raising Additional Capital

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2008) - Norstar Securities Trust ("Norstar", the "Fund", the "Trust", the "Company") today announced it intends to raise up to $350,000.00 by way of a private placement of trust units.

Norstar Securities Trust operates an independent Canadian investment dealer through its 99.99% holding in Norstar Securities Limited Partnership.

Forward-Looking Statements

This press release may contain forward-looking statements, which are subject to risks and uncertainties and other factors that may cause the Fund's results to differ materially from expectations. When reviewing the Fund's forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. These include risk relating to market fluctuations, investee performance, strength of the North American and European economy, foreign exchange fluctuations and other risks not yet know to the Fund.. These forward-looking statements speak only as of the date hereof. Unless otherwise required by applicable securities laws, the Fund disclaims any intention or obligation to update these forward-looking statements. The Fund does have an ongoing obligation to disclose material information as it become available. The discussion also includes cautionary statements about these matters. You should read the cautionary statements made as being applicable to all forward-looking statements wherever they appear in this document.