Walton Edgemont Development Corporation Officially Opens Edmonton’s Newest Community for Public Viewing

CALGARY, Alberta--(BUSINESS WIRE)--Walton Edgemont Development Corporation (the “Corporation”) is pleased to announce that Edmonton’s newest master-planned community “Woodhaven Edgemont” was officially opened on Thursday, February 28, 2013, in a ribbon cutting ceremony by representatives of Walton Development and Management (Alberta) L.P., and the home builders partnering in the development. Single-family homebuilders participating in Woodhaven Edgemont include Montorio Homes, Coventry Homes, Pacesetter Homes and Sabal Homes.

More than 800 people visited Woodhaven Edgemont on Saturday, March 2, to view the show homes and participate in the grand opening of the Corporation’s development in southwest Edmonton.

Launched in 2011, Woodhaven Edgemont is a 198.8-acre master planned community, with 80 acres of planned open space, designed to meet the need for move-up residential homes in West Edmonton. When fully developed, the community will consist of approximately 672 single-family lots and two multi-family developments. Community features include easy access to major transportation routes, proximity to established amenities and unique environmental features.

Show homes are open Monday to Thursday from 3 to 8 p.m., and weekends and holidays from 12 p.m. to 5 p.m. Woodhaven Edgemont is located on 35^th Avenue, east of Winterburn Road (215^th Street) in southwest Edmonton.

For information about Woodhaven Edgemont visit www.woodhavenedgemont.com.

Additional Information

The Corporation is managed by Walton Asset Management L.P. and the development of the properties is managed by Walton Development and Management (Alberta) L.P., both of which are members of the Walton Group.

For more information about the Walton Edgemont Development Corporation, please visit www.sedar.com. For more information about Walton, visit www.Walton.com.

Walton is a multinational group of real estate investment and development companies headquartered in Calgary, Alberta, Canada. As one of North America’s leading land-based real estate investment and development firms, our expertise is in the research, acquisition, management and development of strategically located land in major growth corridors throughout Canada and the U.S. Walton currently manages over 73,000 acres, laying the foundation for communities where people can live, work and play and creating wealth for our clients around the globe.

This news release, does not constitute an offer of securities, and is not for distribution or dissemination outside Canada. This news release contains forward looking information, and actual future results may differ from what is disclosed in this news release. The risks, uncertainties and other factors that could influence results are described in the prospectus and other documents filed with Canadian securities regulatory authorities and available online at www.sedar.com.