Certificate of Completion

City of Toronto

BCE Place, 161 Bay Street, 39th Floor, Toronto, ON M5J 2S1

BCE Place, 161 Bay Street, 39th Floor, Toronto, ON M5J 2S1

Renovation of the 39th Floor

Date substantially performed:

2004-10-08

Date certificate signed:

2004-10-15

Name of Owner

UBS - Global Asset Management

Address of Owner

BCE Place, Canada Trust Tower, 39th Floor, 161 Bay Street, T

Name of Contractor

Gillanders Construction Inc.

Address of Contractor

7 Dohme Ave., Toronto, ON M4B 1Y7

Name of Certifier

Inger Bartlett

Address of Certifier

2A Gibson Avenue, Toronto, ON M5R 1T5

Land Registry Office, 20 Dundas St. W., Ste. 321, Box 108, Toronto, ON M5G 2C2