Proceedings

Notice from the
Office of the Secretary

Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario

FOR IMMEDIATE RELEASE

October 10, 2006


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF
ATLAS COLD STORAGE INCOME TRUST

TORONTO – On October 10, 2006 , Eimskip Atlas Canada Inc., KingStreet Real Estate Growth LP No.2 and Avion Group HF (the “Applicants”) withdrew their Application under Section 127 of the Securities Act, originally made on September 28, 2006.

However, the Commission will hold a hearing commencing on Monday, October 16, 2006 at 10:00 a.m. to consider the Application made by the Applicants on October 5, 2006.

A copy of the Notice of Withdrawal, the Amended Notice of Hearing, the Applications dated September 28, 2006 and October 5, 2006 and the Response Letter dated October 5, 2006 are available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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