Boardwalk Equities Inc.: Teleconference On Fiscal 2001 Second Quarter Financial Results.

Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--Jan. 8, 2001

Boardwalk Equities Inc.(TSE:BEI.)(NYSE:BEI) is pleased to announce that the fiscal 2001 Second Quarter financial results will be released the morning of Friday, January 19th.

We invite you to participate in the teleconference that will be held to discuss these results that same morning at 11:00am EST (9:00am MST). Sam Kolias, CEO, George Reti, Executive VP, and Rob Geremia, CFO, will speak to the second quarter's financial results. The teleconference presentation materials will be made available on the INVESTOR section of our website (www.bwalk.com) prior to the call.

Please RSVP to either Mass Geremia 403/531-9123 or Paul Moon 403/508-6208 or by email to [e-mail].

If you are in the Toronto area, you can join us by dialing 416/620-2405 or if you are outside the Toronto area, please call 1-877-871-4098 between 10:45am and 11:00am EST (8:45am - 9:00am MST). An audio recording of the teleconference will be available for one week. You can access it by dialing 416/626-4100 and using the following reservation number, 17549782.

Investors will also have the option of listening to the conference call over the Internet through Global Crossing's Webcasting service at http://www.themeetingson.com . To listen to the live call, please go to the website at least fifteen minutes early to register, download, and install the necessary RealPlayer audio software. You will need the reservation number, 17549782, in order to access the webcast. For those who cannot listen to the live broadcast, a replay will be available at the Global Crossing website for one month.

Boardwalk Equities Inc. is a customer oriented, technologically advanced real estate company specializing in the acquisition and management of multi-family residential projects throughout Canada. Boardwalk owns 25,000 suites representing 21 million net rentable square feet.