Wilmington Announces Acquisition of Interest in NCI Management Ltd.

Wilmington Capital Management Inc. ("Wilmington") (TSX:WCM.A)(TSX:WCM.B) is
pleased to announce that today it has acquired a 50% interest in NCI Management
Ltd. ("NCI") from Network Capital Inc. ("Network") (the "Acquisition"). NCI is a
private, Calgary based investment management company focused on private equity
having a mandate to identify and create early stage opportunities in energy,
energy services, real estate and special situations. NCI has a 15 year track
record of delivering exemplary returns to its investors and shareholders. 


The purchase price for the Acquisition was satisfied by Wilmington issuing Class
A common shares ("Class A Shares") to Network. As part of the Acquisition,
Joseph Killi, President and CEO of Wilmington, has been appointed to the board
of directors of NCI such that the board of directors of NCI is now comprised of
Mr. Killi and Mr. David Richards, the President and Chief Compliance Officer of
NCI. Wilmington, Network and NCI have also entered into a Unanimous Shareholders
Agreement ("USA") governing NCI. The USA provides that after December 31, 2016,
Network has the right to sell all of its remaining shares of NCI to Wilmington
and Wilmington has the right to require Network to sell all of its remaining
shares of NCI to Wilmington. The price for the remaining shares of NCI is based
on a pre-agreed formula.


Wilmington believes the Acquisition is in keeping with its new strategic plan
which broadens the Corporation's investment strategy to include selective
investments in the real estate as well as energy sectors.

Wilmington Capital Manag... (TSX:WCM.B)
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