Brascan SoundVest Total Return Fund Announces November Distribution.

TORONTO -- Brascan SoundVest Total Return Fund (the "Fund") (TSX:BST.UN) is pleased to announce a distribution of $0.0625 per trust unit that will be payable on December 15, 2005 to unitholders of record on November 30, 2005.

The Fund is on track to meet its anticipated monthly distribution of $0.0625 per trust unit, representing an annual yield of 7.5% based on the issue price of $10.00 per trust unit. The Fund will thereafter annually determine and announce each December its anticipated monthly distribution amount for the following year.

The Brascan SoundVest Total Return Fund is an actively managed investment fund, whose investment objective is to provide unitholders of the Fund with a stable stream of monthly distributions, and maximize long-term total return to unitholders. The Fund is managed by a subsidiary of Brascan Asset Management Inc. The investment advisor and portfolio manager for the Fund is SoundVest Capital Management Ltd. ("SoundVest"), which is 50% owned by Brookfield Asset Management Inc. SoundVest is an established investment advisor, providing investment management services to pension funds, trusts and foundations.

For further information, please visit our website at: www.bsvfunds.com.

This news release contains forward looking information. Actual future results may differ materially. The risks, uncertainties and other factors that could influence actual results are described in the Brascan SoundVest Total Return Fund prospectus and other documents filed with regulatory authorities.

Brascan SoundVest Total Return Fund (TSX:BST.UN)