Canada Dominion Resources 2005 Limited Partnership Raises $75 million.

TORONTO -- Canada Dominion Resources 2005 Limited Partnership (the "Partnership") announces the completion of its initial public offering of limited partnership units ("Units") in all provinces and territories of Canada. The Partnership issued an aggregate of 3,000,000 Units for gross proceeds of $75,000,000.

The Partnership's investment objective is to provide for a tax-assisted investment in a diversified portfolio of equity securities of Resource Companies with a view to earning income and achieving capital appreciation for Limited Partners. The Partnership will invest in Resource Companies engaged in oil and gas or mining exploration, development and/or production or certain energy production that may incur Canadian Renewable and Conservation Expense.

Prior to July 1, 2007, the Partnership intends to complete an exchange transaction with Dynamic Managed Portfolios Ltd. ("DMP Ltd.") pursuant to which limited partners will receive shares of DMP Resource Class on a tax-deferred basis. DMP Ltd. will implement a multi-class fund structure in 2005. It is anticipated that securityholders of DMP Resource Class will have the ability to switch into any other class of DMP Ltd. on a tax-deferred basis once the multi-class fund structure is implemented.

The Partnership is managed by Goodman & Company, Investment Counsel Ltd., a leading Canadian investment firm tracing its portfolio management roots back over 45 years, with approximately $15 billion in assets under management. Goodman & Company, including Dynamic Mutual Funds and its affiliates, offers a wide range of wealth management solutions through registered financial advisors, including mutual funds, fee-based programs (Viscount and Marquis), limited partnerships (CMP and Canada Dominion), a labour-sponsored fund, hedge funds and a high net-worth investment counsel (Goodman Private Wealth Management). Goodman & Company, Investment Counsel Ltd. is a subsidiary of Dundee Wealth Management Inc. (DW - TSX).

The offering was made through a syndicate of agents led by RBC Capital Markets, CIBC World Markets Inc. and Dundee Securities Corporation and including BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Berkshire Securities Inc., Canaccord Capital Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Desjardins Securities Inc., First Associates Investments Inc., Richardson Partners Financial Limited and Wellington West Capital Inc.