NEWS RELEASE:

Check into CHIP Hotels this Holiday Season and Support a Local Charity

VANCOUVER, BC (November 1, 2007) – CHIP Hospitality’s Friends in Need program is once again welcoming guests to check-in for charities this holiday season. The company’s 32 hotels across the country are offering rates of up to 50% off to holiday travelers to help support local community groups.

Launched nationally in 2000, the annual promotion includes all CHIP Hospitality hotels across Canada, including some Delta Hotels, Radisson, Holiday Inn, Hilton and Coast Hotels. For every room night sold during December 21-28, 2007, $10 will be donated to a local charity. Holiday season rates range from $49.00 - $89.00 per night for standard guest rooms, representing a savings of up to 50 per cent. To date, the Friends in Need program has collectively contributed more than $679,000 to charities in communities across Canada. Amongst this year’s “Friends in Need” are charities such as the Canadian Red Cross, Children’s Wish Foundation and Noel des Enfants.

“Our business is nothing without the support of and connection with the communities where we operate,” says CHIP Hospitality President and CEO Ed Pitoniak. “The Friends in Need program not only helps raise money for local charities but also provides travelers a place to stay for exceptional value during the holiday season.” Other CHIP ‘Hotels with Heart’ programs include annual scholarships in each region, educational internship programs with culinary and hospitality training schools, sponsorship of the Canadian Extreme Kindness movement and implementation of the Hotel Association of Canada’s Green Key ECOmmodation program.

For a complete list of participating hotels, reservations and further information on charities, please visit www.GreatCanadianHotels.com/FIN or call 1-888-4CANADA and ask for the “Friends in Need” rate.

CHIP Hospitality is one of Canada’s leading hotel management companies and currently manages 32 hotels and resorts in Canada with more than 7,700 rooms. The company manages independent hotels and hotels operating under major franchise brands including some Delta Hotels, Crowne Plaza, Radisson, Residence Inn by Marriott, Holiday Inn, Hilton, Quality, Gouverneur, Best Western, Ramada and Coast properties. CHIP Hospitality is fully owned by British Columbia Investment Management Corporation (“bcIMC”), a Canadian leader in investment funds management that is based in Victoria, British Columbia (www.bcimc.com).

NOTE TO EDITORS: Photo available upon request.

Contacts:

Sara Holland, Tartan Public Relations
Tel: (604) 609.0219 or (604) 880-1494 cell
deirdre@tartanpr.com

Rachel Koller, CHIP Hospitality
Tel: 604-646-8431
RKoller@CHIPHospitality.com