Brascan Corporation - 2001 Annual Meeting And 2002 First Quarter Results.

Business Editors

TORONTO, Ontario--(BUSINESS WIRE)--April 4, 2002

WEBCAST AND CONFERENCE CALL FOR INVESTORS AND ANALYSTS

            Webcast of 2001 Annual Meeting of Shareholders
                     Date: Friday, April 26, 2002
                        Time: 10:30 a.m. (ETN)

                  2002 First Quarter Conference Call
                     Date: Friday, April 26, 2002
                         Time: 2:00 p.m. (ETN)

You are invited to participate in the live Webcast presentation of Brascan Corporation's 2001 Annual Meeting of Shareholders at www.brascancorp.com on Friday, April 26, 2002 at 10:30 a.m. (ETN). This presentation will be archived for future reference.

You are also invited to participate in Brascan's 2002 First Quarter Conference Call on Friday, April 26, 2002 at 2:00 p.m. (ETN) to discuss with members of senior management our results and current business initiatives.

These results will be released on April 26th at approximately 7:00 a.m. and will be available following the release on our web site at www.brascancorp.com under "Press Releases". The Conference Call will also be Webcast live on our web site, where it will be archived for future reference.

To participate in the Conference Call, please dial 416-641-6653 for local and overseas calls, and 1-888-793-1722 toll free in North America at approximately 1:50 p.m. For those unable to participate in the Conference Call, a taped rebroadcast will also be available until midnight Sunday, May 26, 2002. To access this rebroadcast, please call 416-626-4100, and enter the reservation number 20507414.

If you have any questions about the Conference Call, please contact Katherine Vyse, Vice-President, Investor Relations at 416-369-8246 or by email at [e-mail].