Rosseau LP Ranked No. 1 Event Driven Hedge Fund in the World Over the Past 5- and 10-Year Periods

By Rosseau Asset Management Ltd., PRNE
Monday, May 31, 2010

TORONTO, June 1, 2010 - Rosseau Limited Partnership was ranked the No. 1
Event Driven Hedge Fund globally by BarclayHedge for both the 5- and 10-year
periods ending December 31, 2009 with average annual compound rates of return
of 25.27% and 21.47%, respectively.

Warren Irwin, founder and portfolio manager, is pleased to be recognized
by an industry leader like BarclayHedge for Rosseau's achievements. "In the
past, we have received recognition for our returns in specific years, but to
receive it for our longer-term record is especially satisfying. Rosseau takes
a long-term approach to investing and we look forward to working hard to
ensure our solid returns continue over the next 10 years."

About Rosseau:

Rosseau Asset Management Ltd. is a Toronto-based money management firm
that caters to high net worth and institutional investors globally. Rosseau's
objective is to maximize long-term capital appreciation through North
American special situation and event driven investing, with an emphasis on
Canada. A core competency in fundamental research allows Rosseau to identify
opportunities in corporate restructurings, turnarounds, bankruptcies, unique
growth opportunities and special situations. Assets under management are in
excess of CN$200 million.

For further information: Jow Lee, Chief Financial Officer,
+1(416)777-0712, jwlee@rosseau.com, www.rosseau.com/

For further information: Jow Lee, Chief Financial Officer, +1(416)777-0712, jwlee at rosseau.com

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