Fiera YMG Capital Inc.'s discloses 10% position in securities of Colabor Income Fund

    MONTREAL, Aug. 16 /CNW Telbec/ - This press release is being published in
relation to past transactions of units of Colabor Income Fund ("Colabor")
(CLB.UN - TSX) that had not been previously disclosed.
    Fiera YMG Capital Inc ("Fiera YMG") announces that at the end of
June 2007, Fiera YMG controlled 1,108,010 units of Colabor on behalf of
accounts managed by Fiera YMG, representing approximately 11.25% of the
outstanding units of Colabor at that time.
    These units were acquired through the facilities of the Toronto Stock
Exchange. The units are beneficially owned by various accounts managed by
Fiera YMG.
    The units have been acquired for investment purposes only and not with
the purpose of influencing the control or direction of Colabor. Fiera YMG may,
from time to time, acquire additional units of Colabor, continue to hold its
present position or may dispose of its units.

    Fiera YMG provides competitive and innovative investment solutions to a
diverse clientele of institutional investors, mutual funds, charitable
organizations and private clients.

    This press release is being issued in order to comply with the disclosure
requirements under applicable securities legislation. This press release is
not an admission that Fiera YMG owns or controls any described securities or
that Fiera YMG is a joint actor with any of the accounts that it manages.