Canada Hosts Its First WORLD HEDGE FUNDS SUMMIT in December.

NIAGARA FALLS, Ontario -- Canadian Hedge Watch Inc. (CHW) and the Canadian Institute of Financial Planners (CIFPs) are bringing a major financial conference. World Hedge Funds Summit - Canada 2004 (http://www.worldhedgefundssummit.com), taking place at the newly-opened 5-star Niagara Fallsview Casino Resort December 5 - 7, is attracting major players in the booming hedge fund industry from the US, Europe and Asia as well as Canada itself.

The event, with more than thirty industry sponsors, 70 speakers and 30 exhibitors promises to provide a first-class showcase and a lively forum for the interchange of ideas for over 500 delegates from Canada and around the world.

Speakers and panelists include Jim Rogers (co-founder of Quantum Fund), Frank Mersch (Front Street Capital), Marianne Smythe (former SEC senior director), Bob Fuhrman, (Morgan Stanley), Jose Claxton (Lehman Brothers), Dermot Butler, (Deputy Chairman AIMA International) and Peter Loach (BMO Nesbitt Burns). Other high-profile presenters include Credit Suisse First Boston, Eurasia Group, RBC, National Bank, TD Bank, Tremont Capital, and Harvard Business School. Sponsors include Front Street Capital, Investment Administrative Solutions, RBC Financial Group, Fortis, Walkers, Bloomberg, MSCI, BMO Nesbitt Burns and others.

Tony Sanfelice, President of CHW says, "We've presented a one- day forum in Toronto for the past couple of years but the growth in consumer awareness of hedge funds, and in capital committed to these alternative investments, has created the need for a major hedge fund conference on the subject. There's a tremendous amount of interest and it's shaping up to be a big success."

Registration fees for similar international conferences elsewhere run between US$2,000 and US$5,000, however strong support from key industry sponsors and a comprehensive agenda featuring widely recognized, international speakers has enabled organizers to limit the delegate fee for the summit to Cdn $695 (approx. $560 US) - unheard of for a conference of this caliber.

"We would like to showcase Canada's burgeoning hedge fund industry and build on it globally", Mr. Sanfelice says. A look at the 2-day plus, 3-track agenda and the impressive list of speakers suggests he's going to succeed. And last but not least, given the spectacular venue and an entertaining social program, attendees at the summit will be able to combine business with pleasure.

This world class event is best suited for hedge fund experts, retail and institutional investors, advisors, and brokers.

For more information or registration please contact Zoltan Biro 1 [phone] ([e-mail]) or visit http://www.worldhedgefundssummit.com.