Potential Investors — Madison Grant Fund Inc.

Madison Grant Fund Inc. is an investment fund that identifies public companies for investors, with a goal toward obtaining superior returns through tax deductions and
capital appreciation on the public stock. For investors, the anticipated time for full
return of capital is about two years, with another one to three years to allow stock
prices to increase in value. Investors may sell their stock at any time after the call
option is exercised. One of Madison Grant Fund Inc.'s key roles is recommending
when to sell the stock.

Madison Grant Fund Inc. is actively involved in each public company through board participation, special committees and hands-on management if necessary. Madison
Grant Fund Inc.'s
main philosophy is to do what it takes to maximize Limited Partners' capital.

The ideal investors for Madison Grant Limited Partnerships are high-income individuals who can use significant tax deductions at the highest marginal tax bracket. Investors
must also meet the requirements for accreditation, as required by their provincial
security commission.

To understand how you could benefit from this tax-assisted investment, you should consult with your financial planner.

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