TAX-SEASON AND ACCOUNTING UPDATE

March 06, 2008

Dear fellow Member-Partners,

Just some quick notes to let you know what we at League have been doing to make your tax season go a little more smoothly.

First, KPMG is currently working on preparing 2007 tax slips for all Member-Partners in all investments. Tax slips for IGW Investments 1 and 2 (for the registered bonds) have already been mailed, and the rest will be sent out prior to the March 31 deadline.

Second, I am pleased to announce that thanks to significant investment in our information technology infrastructure - including a $100,000 investment in state-of-the-art-asset management software and a complete re-coding of our proprietary membership administration system - not only will your investment statements be delivered to you by mail and e-mail in the next two weeks, but we will soon be providing Member-Partners with direct access to their investment accounts via the new Members area on League's website.

The upcoming online access will provide up-to-the-minute investment status as well as archived log reports for every investment, redemption, and monthly distribution made since January 2007. Within the next few weeks, we hope to finish testing and provide members with their passwords for accessing this new feature.

In other news, we have recently doubled our accounting staff!

Our team now consists of: VP Finance, Ryan Dunlop CA; Controller, Monique Tolen; and Accounting Assistants, Ashley Emerson and Andrea Sanders. Also, serving in an adjunct capacity is William G. Crossley - a veteran CA with extensive experience in public company reporting. They are all working together to support KPMG in providing timely Audited Statements for 2007.

In recent months, League's staff has grown to twenty-one strong. I look forward to introducing and re-introducing you to all of them in a forthcoming letter.

I am working on several updates and announcements, so keep your eyes on your inboxes.

Regards,

Emanuel Arruda
Chairman & Co-Founder
League Assets Corp.

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There comes a time when you realize that virtually anything is possible -
that nothing is too good to be true.
- Kobi Yamada -
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About League Assets Corp

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About League Assets Corp

League: The World's Intergenerational Wealth™ Institution

It is League's aim to empower the families of its Member-Partners through the provision of Intergenerational Wealth™ so that they can improve the quality of their own lives and ultimately be able to contribute to improvement in the quality of the lives of others.

Located in Victoria, B.C., League Assets is currently, managing and responsible for funding some $2 billion in real estate development projects on behalf of its 700-plus Member-Partners. League's $200 million Intergenerational Wealth™ Real Estate Investment Trust (IGW REIT) has become one of the fastest growing private Real Estate Investment Trusts in North America.

The trust exists to find, acquire, improve, and manage the most profitable real estate properties across the nation, and to offer these opportunities to other like-minded investors.