Mr. Daniel Fournier

Daniel Fournier, Fund Trustee, Trustee, GP Director and lead director and trustee of the board of Fund Trustees, Trustees and GP Directors, has more than 20 years of experience in business administration.In 1984, he founded Groupe Equidev Inc., a real estate company that participated in commercial real estate projects in the Province of Quebec and acted as chairman of the board until 1997.He also acted as chairman of the board of directors of Ogilvy, a retail store, from 1986 to 1997.Since 1998, he has acted as President of ACNG Capital Inc., a real estate advisory company.He is also currently a director of Summit Real Estate Investment Trust and is a past director of Standard Life of Canada and Standard Life Trust.Mr. Fournier holds Bachelor's degrees in History from Princeton University (1997) and in Law from Oxford University (1980).

Daniel Fournier

Independent Trustee, Summit REIT
...
Daniel Fournier

Mr. Fournier was elected a Trustee in May, 2003.He is President of ACNG Capital Inc., a Montreal-based consulting firm specializing in real estate, and served as Chairman of Ogilvy, a major Montreal retailer.Mr. Fournier received his B.A. Jurisprudence (Rhodes Scholar) in 1980, and a B.A. in History at Princeton University in 1977.He is also a director of the Standard Life Assurance Company of Canada, and StandardLife Trust.He also serves on the Women's Y Foundation in Montreal and as a trustee of the Chateau Ramezay museum.

Daniel Fournier

Mr. Fournier was elected a Trustee in May 2003, and is a member of the Investment and Human Resources & Compensation Committees of the Board.He is President of ACNG Capital Inc., a Montreal-based consulting firm specializing in real estate, and has served as Chairman of Ogilvy, a major Montreal retailer.Mr. Fournier received his B.A. Jurisprudence (Rhodes Scholar) in 1980, and a B.A. in History at Princeton University in 1977.He is also a director of the Standard Life Assurance Company of Canada, and Standard Life Trust.He also serves on the Women's Y Foundation in Montreal and as a trustee of the Chateau Ramezay Museum.

The board of trustees is now composed of 5 members: Mr. Thomson, Lou Maroun, Daniel Fournier, Allan Olson and Saul Shulman.

Daniel Fournier (4)

Daniel Fournier (4)

TORONTO, May 14 /CNW/ - Summit REIT (TSX: SMU.UN) announced today that Unitholders had elected M. Daniel Fournier as an additional Trustee of Summit REIT at the Annual General Meeting yesterday.M.Fournier is President of ACNG Capital Inc., a Montreal-based consulting firm specializing in real estate.He has an extensive knowledge of the Quebec and Canadian real estate business, and has served as Chairman of Ogilvy, a major Montreal retailer.M.Fournier received his B.A. Jurisprudence (Rhodes Scholar) in 1980, and a B.A. in History at Princeton University in 1977.

"We are very pleased to welcome Daniel Fournier to the Board of Trustees," commented Lou Maroun, President and CEO.

TORONTO, May 14 /CNW/ - Summit REIT (TSX: SMU.UN) announced today that Unitholders had elected M. Daniel Fournier as an additional Trustee of Summit REIT at the Annual General Meeting yesterday.M.Fournier is President of ACNG Capital Inc., a Montreal-based consulting firm specializing in real estate.He has an extensive knowledge of the Quebec and Canadian real estate business, and has served as Chairman of Ogilvy, a major Montreal retailer.M.Fournier received his B.A. Jurisprudence (Rhodes Scholar) in 1980, and a B.A. in History at Princeton University in 1977.

"We are very pleased to welcome Daniel Fournier to the Board of Trustees," commented Lou Maroun, President and CEO.

Daniel Fournier, born in 1954, trustee of the Fund, trustee of the Trust, GP Director and lead director and trustee of the Board of Trustees and Board of Directors, has more than 20 years of experience in business administration. Since 1998, Mr. Fournier has served as President of ACNG Capital Inc., a real estate advisory company. From 1986 to 1997, Mr. Fournier was Chairman and majority shareholder of Ogilvy, a Montreal retail company. Mr. Fournier is also currently Vice-Chairman and director of CB Richard Ellis Canada. He serves on the board of directors of Canadian Tire Corporation and the Canadian Tire Bank. Mr. Fournier was a trustee of Summit Reit as well as a member of the independent special committee until the sale of Summit for $3.2 billion to ING Canada in January, 2007. He has also served on the board of Standard Life of Canada, and Standard Life Trust. Mr. Fournier is also the founding Chairman of NF (Neurofibromatosis) Canada. He is the past Chairman of McCord Museum of Canadian History and past Vice-Chairman of the Fondation Jean Lapointe as well as a past member of both the YWCA and YMCA Foundations. He holds a Bachelor of History degree from Princeton University (1977) and a Bachelor of Arts in Jurisprudence from Oxford University (1980).