IGW REIT Offering Memorandum Being Updated

August 15, 2008.

Dear Member-Partners of the IGW REIT,

The BC Securities Commission has required that the IGW REIT's Offering Memorandum be updated before any new subscriptions or redemptions are processed. The caese trade was issued on July 31st and we are working diligently with the commission to satisfy their requirements.

The halt was primarily due to the fact that there were delays in the preparation of the Audited Financial Statements of the IGW REIT for the year ended December 31, 2007. These statements have now been completed and will be provided to you by email and hard copy.

We are currently working on an updated Offering Memorandum which will contain up-to-date financial statements and will strive to to resolve this matter as soon as possible. Upon receiving notice from the Commission, I will, of course, immediately inform you via e-mail.

It has always been our intention to comply with applicable securities policies and regulations, and in that spirit our staff and legal counsel are devoting significant resources and attention to this matter with the aim of resolving it quickly.

We regret any inconvenience this interruption may cause you.

Please note that from Friday August 15, to Friday August 22, Adam, Brad, Jason and I will be in the Dominican Republic on a humanitarian mission with our friends at Absolute Leadership (www.absolute.org). Our legal and accounting team are working with the BCSC in our absence. If you require assistance before we return, please feel free to call our Member Services team at 1-877-772-8836 and they will be happy to speak with you personally and answer any questions you may have.

If you would like more information on League's philanthropic initiatives, please visit this link:
www.league.ca/pdf/league-corporate-philanthropy.pdf (link is now working)

Sincerely,

Emanuel.

Emanuel F. Arruda
Chairman & Co-Founder
League Assets Corp.

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"We don't want to make a big impression, we want to make a big difference."
- The motto of North Carolina -
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League Assets Corp
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About League Assets Corp
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League: The World's Intergenerational Wealth™ Institution

League's IGW REIT is one of North America's fastest growing private Real Estate Investment Trust (REIT) consisting of Canadian commercial and retail properties with combined values approaching $300 million.

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 - referred to by League as its Member-Partners. Combined with its other investment pools, League is currently managing and developing approximately $2-Billion in real estate assets.

To date, League has partnered with the families of its more than 1,200 Members - primarily through shared ownership of its high-yield real estate based investments.

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.

For more information, read The Blue Book of Real Estate Syndication