Halifax, NS - (March 28, 2002)

Fortis Properties Corporation, a leading owner/manager of office buildings and hotels throughout Atlantic Canada, announced today the official opening of the Four Points by Sheraton Halifax Conference Centre.

The Conference Centre is located in company-owned Maritime Centre and adds an additional 4,000 square feet of meeting and banquet space to the hotel, bringing full banquet facilities at the Four Points by Sheraton Halifax to total 5,500 square feet. The Conference Centre includes Compass Room, which can accommodate groups of 200, the Explorer Boardroom, an executive boardroom for groups of 40 and Navigator Room, which can accommodate groups of 90. Services available include catering, wireless high-speed Internet access, video and teleconferencing, and LCD projector rentals.

“As the largest market in Atlantic Canada, Halifax is integral to Fortis Properties strategic vision and commitment to growing its hospitality operations in Atlantic Canada. The addition of the Conference Centre at the Four Points by Sheraton Halifax is in response to the needs to provide quality meeting and banquet space to our guests,” remarked John Walker, President and Chief Executive Officer, Fortis Properties Corporation.

Located in the heart of downtown Halifax, the Four Points by Sheraton Halifax is inter-connected to Company owned Maritime Centre and is within walking distance to Spring Garden Road's famous shopping district, Halifax's renowned historic waterfront and downtown business district, and the World Trade & Convention Center.

The Four Points by Sheraton Halifax specializes in providing a superior level of service to the business and leisure traveler. The 178 room hotel includes complimentary high speed Internet access, indoor parking, Simmons Ultimate beds, 27” television with wireless web browsing, leather ergonomic chairs, two-line speaker phones, fully equipped Life Fitnessâ fitness center and indoor pool and whirlpool.

Fortis Properties Corporation is involved in the ownership of office buildings, shopping centers and hotels throughout Atlantic Canada. The Company owns 2.3 million square feet of commercial real estate and seven hotels under various brands throughout Atlantic Canada. Landmark properties include the Fortis Building, Fort William Building, Cabot Place I and TD Place in St. John’s, Newfoundland & Labrador, the Maritime Centre in Halifax, Nova Scotia, Blue Cross Centre in Moncton, New Brunswick and Brunswick Square in Saint John, New Brunswick. Hotel properties include Holiday Inn St. John’s, Mount Peyton in Grand Falls-Windsor, and Holiday Inn Corner Brook in Newfoundland & Labrador, Days Inn Sydney, Delta Sydney, and Four Points by Sheraton Halifax in Nova Scotia, and the Delta Brunswick in Saint John, New Brunswick. Its parent company, Fortis Inc. is listed on the Toronto Stock Exchange and trades under the ticker symbol FTS.

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