WSC West Street Capital Corp.

West Street Capital Corporation ("West Street" or the "company") (TSX VENTURE: WSC)(TSX VENTURE: WSC.PR.A) announced today that Brookfield Asset Management Inc. ("Brookfield") has acquired for cash an indirect interest in 600,000 common shares in the company, which are held by a wholly-owned subsidiary of Brookfield.

As a result of this transaction, Brookfield's direct and indirect ownership and control in West Street has increased from 5,429,840 common shares in the capital of the company to 6,029,840 common shares, representing approximately 55.2% of the total issued and outstanding common shares.

Contacts: Brian D. Lawson (416) 359-8625 c/o of Brookfield Asset Management Inc Brookfield Place, 181 Bay Street, Suite 300 P.O. Box 762 Toronto, Ontario M5J 2T3