Notice Of Dissolution

Advantage Value Limited Partnership #1

Dissolution Effective December 31, 2015

In accordance with the requirements of Article 12 of the Limited Partnership Agreement, Advantage Value Limited Partnership #1 will be dissolved on December 31, 2015.

As part of the dissolution, Advantage-Value General Partner Limited (the General Partner) will distribute any remaining cash, net of payment of debts, liabilities, and liquidation expenses, to the Limited Partners, proportionate to the number of units held by the Limited Partners. The General Partner will file the notice of dissolution prescribed by the Limited Partnerships Act (Ontario), with an effective dissolution date of December 31, 2015.

Any cheque/Electronic Funds Transfer for the final cash distribution, along with final income tax documents for the 2015 tax year will be mailed prior to March 31, 2016.

If you have any questions, please do not hesitate to call Lisa Talsma at 416-926-3000 extension 284576.

(148-P374)