Shares issued:  Class A - 168,222,323    Class B - 31,510,782

Halifax, Nova Scotia, December 16, 2008 (TSX: HII.A & HII.B and NYSE
Euronext: HII (the "Shares") - Richard Homburg, Chairman and CEO of
Homburg Invest Inc. ("Homburg Invest") is pleased to announce that
the shares of Homburg Invest including the Class A Subordinate Voting
Shares (the "Class A") and the Class B Multiple Voting Shares (the
"Class B") will begin trading today on the TSX on a post-consolidated
basis.  Homburg Invest further expects that the Class A shares of
Homburg Invest will begin trading on the NYSE Euronext on a
post-consolidated basis by the end of this week.

The Class A and Class B post-consolidated shares will trade in Canada
under different CUSIP/ISIN numbers than pre-consolidated Class A
shares trading on the NYSE Euronext which will continue to use the
old CUSIP/ISIN numbers until the NYSE Euronext completes its
administrative changes to its trading platform.  Until NYSE Euronext
completes its database changes, Canada will trade on a
post-consolidated basis and Europe will trade on a pre-consolidated
basis.

Homburg Invest, with its head office in Halifax, Nova Scotia, owns
and develops a diversified portfolio of quality real estate including
office, retail, industrial and residential apartment and townhouse
properties throughout Canada, the United States and Europe.


For further information, please contact:

Mr. Richard Homburg,
Chairman and CEO
Homburg Invest Inc.
902-468-3395

or

J. Richard Stolle
President and COO
Homburg Invest Inc.
31-20-573-3855

-30-
This news release may  contain statements which  by their nature  are
forward looking and  express the Company's  beliefs, expectations  or
intentions regarding  future performance,  future events  or  trends.
Forward looking statements  are made  by the Company  in good  faith,
given management's  expectations  or  intentions  however,  they  are
subject to market conditions, acquisitions, occupancy rates,  capital
requirements, sources of funds, expense levels, operating performance
and other  matters.  Therefore, forward  looking  statements  contain
assumptions which are subject  to various factors including:  unknown
risks and uncertainties:  general economic  conditions; local  market
factors; performance of other third parties; environmental  concerns;
and interest rates, any of which  may cause actual results to  differ
from the  Company's good  faith beliefs,  expectations or  intentions
which have  been  expressed in  or  may  be implied  from  this  news
release. Therefore, forward looking statements are not guarantees  of
future performance  and  are  subject to  known  and  unknown  risks.
Information and statements  in this document,  other than  historical
information,  should  be   considered  forward-looking  and   reflect
management's current views of future events and financial performance
that involve a number of risks and uncertainties. Factors that  could
cause actual  results  to  differ materially  include,  but  are  not
limited  to,   the  following:   general  economic   conditions   and
developments within  the real  estate industry,  competition and  the
management of growth. The Toronto Stock Exchange has neither approved
nor disapproved of the information contained herein.


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.
http://hugin.info/138798/R/1277920/284973.pdf


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