Integrated Asset Management Corp. and Integrated Private Debt Corp. Announce $53.6 Million Financing for High Liner Foods Incorporated

Market Wire, January, 2008

Integrated Asset Management Corp. (TSX: IAM) ("IAM") and its private corporate debt group, Integrated Private Debt Corp.("IPD") announce the closing of a $53.6 million Term Loan to High Liner Foods Incorporated (TSX: HLF) ("High Liner"). The loan proceeds were made available in U.S. and Canadian dollars at the discretion of High Liner.

The loan proceeds were used by High Liner to purchase the Canadian and U.S. assets of Fishery Products International's ("FPI") Marketing and Manufacturing (M&M) group. The $161.5 million purchase price is being funded through bank loans, the proceeds of the $53.6 million term loan, operating loan advances and the issuance of High Liner shares.

IPD arranged and syndicated the loan, and funded $ 33.6 million of the loan.

High Liner Foods operates in the North American packaged foods industry; it processes and markets seafood and other food products to the retail, food service, and club store channels in Canadian, American and Mexican markets. The company possesses strong retail brands and is also an important supplier of private labels for many North American food retailers and food service operators. Created in 1926, the iconic High Liner brand, featuring Captain High Liner is among the most recognized brands in Canada.

IPD provides funding from and manages the $600 million Integrated Private Debt Fund LP on behalf of a number of pension funds and other institutional investors. IPD offers fixed rate term loans to mid-market companies for such purposes as refinancing existing debt, acquisitions, business expansion and project finance.

John Robertson, President of IPD, said "we are delighted to include High Liner Foods, a leader in the Canadian food processing industry, into our portfolio, and welcome the opportunity to work with our syndicate partners Roynat Capital and Glitnir Bank on this transaction".

IAM is Canada's leading alternative asset management company, with approximately $3 billion in assets and committed capital under management in private corporate debt, private equity, real estate, managed futures and retail alternative investments.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Integrated Private Debt Corp. Philip S. Robson Managing Director (416) 367-3972 Email: probson@iamgroup.ca Website: www.iamgroup.ca