Certificate of Completion

Air Canada Centre,

50 Bay Street, Toronto, ON M5J 2X3.

50 Bay Street, Toronto, ON M5J 2X3.

Full Interior Finishes Floors 7, 8, 9, 14, 15.

Date substantially performed:

1999-03-31

Date certificate signed:

1999-03-31

Name of Owner

Air Canada.

Address of Owner

50 Bay Street, Toronto, ON M5J 2X3.

Name of Contractor

Urbacon Limited.

Address of Contractor

5 Lower Sherbourne Street, Suite 200, Toronto, ON M5A 2P3.

Name of Certifier

V & A Properties Ltd.

Address of Certifier

390 Bay Street, Suite 810, Toronto, ON M5H 2Y2.

In the City of Toronto, in the Municipality of Metropolitan Toronto and Province of Ontario being composed of: Firstly: Part of Block 1 according to Plan 642E registered in the Land Registry Office for the Metropolitan Toronto Registry Division (No. 64), designated as PARTS 191, 197, 202 on plan of survey deposited in the Land Registry Office for the Land Titles Division of Metropolitan Toronto (No. 66) as 66R-17188, being part of Parcel B-1, Section A-536E. Secondly: Part of Block 1 accoording to Plan 642E and part of Block B according to Plan 536E and Part of Harbour Street according to Plan 536E as amended by Plan 642E being closed by City of Toronto By-law 11374 registered as Instrument 6261ES and part of Harbour Street according to Plan 536E as amended by Plan 642E being closed by City of Toronto By-law 14494 registered as Instrument 14388ES, the said plans and instruments being registered in the Land Registry Office for the Metropolitan Toronto Registry Division (No. 64) designated as PARTS 54 thru 57 inclusive, 62 thru 69 inclusive, 123 thru 128 inclusive, 130, 145, 147 thru 151 inclusive, 161, 163 thru 167 inclusive, 176 thru 181 inclusive, 187, 188, 190, 193, 194, 196, 199 thru 201 inclusive, 208 on plan of survey deposited in the said Land Registry Office as 64R-14994.