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December 19, 2007
Dear Member-Partners, friends, families --
Before
you gather your family for its holiday feast, I want to take this
opportunity to thank you for friendship and the confidence you've
placed in League.
Thanks to you, League's IGW REIT has become one of the fastest growing private Real Estate Investment Trusts in North America.
This
growth, and the exceptional performance of League's investments, is
directly attributable to the values League espouses in its corporate
credo, and the personal relationships we've built with every one of our
Member-Partners. For we at League hold in highest regard the qualities
of honour, friendship, and cooperation with our Member-Partners in the
pursuit of our common goals.
What a remarkable story of success
it has been! It still amazes me to see what a group of like-minded
people can accomplish by working together in common cause. When Adam
and I formed League we hoped to forge new friendships with whom we
could share our aspirations and ideals, and we've done just that. We
are honoured to count you among our friends and that so many of you
have considered us as part of your extended families. We and all of
League's staff count it a privilege to help you all achieve
Intergenerational Wealth™ for your families.
This coming Monday,
I'll be in Toronto to celebrate Christmas with my parents, and thankful
that I still have the opportunity to do so. As always, I'll be thinking
of you and and your families, and hoping that as you celebrate in your
tradition, you will remember this:
The staff and founders of
League care about the prosperity of your family, and feel a personal
obligation to see to it that it grows. We are so thankful for the
friendships that have grown from the confidence you've placed in us
over the years.
On behalf of everyone at League, we hope you
will welcome in the new year healthier, happier, and even more
prosperous than the last.
On behalf of the founders and all the staff of League Assets Corp., I send you the very best wishes and warmest of regards.

Happy Holidays!
Emanuel.
Emanuel F. Arruda
Chairman & Co-Founder
League Assets Corp.
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| About League Assets Corp:
League's IGW REIT has become the fastest growing private Real Estate Income Trust in North America.
League
is now managing some $200 million in assets and responsible for the
development financing of what is estimated to become $2 billion in real
estate assets, on behalf of the families of its 700+ member-partners.
This continuing growth, and the exceptional performance of League's
investments is directly attributable to the values League espouses in
its corporate credo. For we at League hold in highest regard the
qualities of honour, friendship, and cooperation with our
Member-Partners in the pursuit of our common goals.
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