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Non-Tech : Brookfield Asset Management

BAM 53.86

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1:18 PM EST

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From: JakeStraw	8/21/2006 1:36:18 PM
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Brookfield Asset Management Inc. Acquires Additional Shares in Fraser Papers Inc. biz.yahoo.com Friday August 11, 4:56 pm ET TORONTO, ONTARIO--(MARKET WIRE)--Aug 11, 2006 -- Brookfield Asset Management Inc. (TSX:BAM.TO)(NYSE:BAM) today announced that it has acquired 600,000 common shares of Fraser Papers Inc. (TSX:FPS.TO), through its subsidiary Brascade Corporation. This acquisition brings the total number of shares beneficially owned by Brookfield to 14,239,596, which represents 48% of the outstanding common shares of Fraser. The purchases were made through the facilities of the Toronto Stock Exchange and the shares were acquired for investment purposes.

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