Homburg Invest Inc. (AMS:HII) Shares issued: Class A - 168,412,323 Class B - 31,514,782

Halifax, Nova Scotia, October 29, 2008 (TSX: HII.A & HII.B and NYSE Euronext Amsterdam: HII)- Mr. Richard Homburg, Chairman and CEO of Homburg Invest Inc. ("Homburg Invest" or "HII") announces that he will announce HII's 3rd Quarter 2008 results on November 6th, 2008. Mr. Homburg will subsequently moderate a conference call on November 7th, 2008 at 10:00 a.m. (A.S.T.) where the 3rd Quarter results for 2008 and any relevant upcoming events for HII will be discussed. The conference call will be led and moderated by Mr. Richard Homburg, Chair and CEO of Homburg Invest with additional commentary by Mr. Richard Stolle, President and COO and Mr. Jamie Miles, VP and CFO.

The conference call will be available globally through Verizon by applying participant passcode HOMBURG through the following numbers:

If calling from:

Canada or the United States: Toll Free - 1-866-617-1526/Toll Charge 1-210-795-0624 The Netherlands: Toll Free - 0800-343-4364/Toll Charge 31-20-717-6857 Switzerland: Toll Free - 0800-001-214/Toll Charge 41-44-580-3896

Apply the same participant passcode to the toll charge number should a toll free number not apply to your location. For locations not listed above, please contact Investor Relations at 902-468-3395 and a toll free number will be provided to you should one apply for your location.

A live audio webcast of the conference call will be accessible at https://e-meetings.verizonbusiness.com, conference number 1525633, passcode HOMBURG - under Participant Join, Join an Event.

Approximately one hour after the conclusion of the conference call, a replay will be available for 90 days on www.homburginvest.com.

Homburg Invest, with its head office in Halifax, Nova Scotia, owns and develops a diversified portfolio of quality real estate including office, retail, industrial and residential apartment and townhouse properties throughout Canada, the United States and Europe.

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For further information, please contact:

Mr. Richard Homburg, Chairman and CEO Homburg Invest Inc. 902-468-3395

or

Richard Stolle President and COO Homburg Invest Inc. 011 31 20 573 3855

This news release may contain statements which by their nature are forward looking and express the Company's beliefs, expectations or intentions regarding future performance, future events or trends. Forward looking statements are made by the Company in good faith, given management's expectations or intentions however, they are subject to market conditions, acquisitions, occupancy rates, capital requirements, sources of funds, expense levels, operating performance and other matters. Therefore, forward looking statements contain assumptions which are subject to various factors including: unknown risks and uncertainties: general economic conditions; local market factors; performance of other third parties; environmental concerns; and interest rates, any of which may cause actual results to differ from the Company's good faith beliefs, expectations or intentions which have been expressed in or may be implied from this news release. Therefore, forward looking statements are not guarantees of future performance and are subject to known and unknown risks. Information and statements in this document, other than historical information, should be considered forward-looking and reflect management's current views of future events and financial performance that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially include, but are not limited to, the following: general economic conditions and developments within the real estate industry, competition and the management of growth. The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/138798/R/1264625/277978.pdf

Homburg Invest Inc.

http://www.homburginvest.com

ISIN: CA4368712069

Stock Identifier: XAMS.HII

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