CrestStreet

⁽¹⁾ Prior to the Dissolution Date, the manager of the Creststreet Resource Fund may change the last date to submit notices of redemption for Mutual Fund Shares and the effective date of redemption from May 28, 2010 to an earlier date that is a Valuation Date. Payment for Mutual Fund Shares subject to notices of redemption received on or before such earlier date will be made on the third business day following such earlier date based on the net asset value of the Creststreet Resource Fund on such earlier date. Thereafter, payment for Mutual Fund Shares subject to notices of redemption will be made weekly on the third business day following the next Valuation Date based on the net asset value of the Creststreet Resource Fund on such Valuation Date.

Mutual Fund Rollover Transaction and Termination of the Partnership: Subject to the receipt of all required regulatory and other approvals, in order to provide Limited Partners with greater flexibility for liquidity and continuing management and rationalization of the portfolio, the General Partner currently intends, on or about January 22, 2010, to implement an exchange transaction pursuant to which the Partnership will transfer its assets to Creststreet Mutual Funds Limited (the "Mutual Fund Corporation"), an open-end mutual fund corporation managed by Creststreet. The Mutual Fund Corporation currently has three classes of mutual fund shares, each of which is a mutual fund for securities law purposes (a "Creststreet Fund") with its own investment objectives and strategies, including the Creststreet Resource Fund which invests primarily in equity securities of Canadian resource issuers. In exchange for the Partnership's assets, the Mutual Fund Corporation will issue Mutual Fund Shares of the Creststreet Resource Fund to the Partnership. Immediately thereafter, the Partnership will be dissolved and the Mutual Fund Shares will be distributed pro rata to Limited Partners. This exchange will occur on a "roll-over" basis and will not result in any tax consequences to Limited Partners. Limited Partners will be able to redeem their Mutual Fund Shares or switch to another Creststreet Fund at any time on or after May 28, 2010. A redemption of a Mutual Fund Share will generally result in a capital gain. A switch to another Creststreet Fund will not result in a capital gain or loss.

Corporate Information

Officers & Directors				Position with the General Partner		Principal Occupation
Robert J. Toole Toronto, Ontario		|		President, Chief Executive Officer and Director		President, Chief Executive Officer and Managing Director of Creststreet
Jeffrey S. Boyce1 Calgary, Alberta		|		Director		President, Chief Executive Officer and Director of SURE Energy Inc.
Stuart P. Hensman1 Toronto, Ontario		|		Director		Member of the Board of Governors of the mutual funds managed by CI Investments and a director of Rifco Inc. and Brazalta Resources Corp.
John Thompson1 Calgary, Alberta		|		Director		President, Chief Executive Officer and a director of Sirius Energy Inc.
Donna E. Shea Toronto, Ontario		|		Vice President, Finance and Chief Financial Officer		Vice President, Finance, Chief Financial Officer and a director of Creststreet
Aaron C.B. Maybin Toronto, Ontario		|		Vice President		Vice President of Creststreet
Sheryl J. Chiddenton Toronto, Ontario	|	Secretary and Treasurer	Secretary and Treasurer and Manager, Compliance and Investment Services of Creststreet

¹ (Independent Director and Member of the IRC)