Forum National Investments Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2009. For the quarter, the company reported net income of CAD 243,723 or CAD 0.01 per diluted share on net revenues of CAD 1,112,931 compared to net income of CAD 4,104,842 or CAD 0.05 per diluted share on net revenues of CAD 5,706,984 for the same period last year. Income before income taxes was CAD 243,723 compared to CAD 4,104,842 for the same period last year. For the nine months, the company reported net income of CAD 1,010,682 or CAD 0.01 per diluted share on net revenues of CAD 4,238,203 compared to net income of CAD 3,803,559 or CAD 0.04 per diluted share on net revenues of CAD 8,490,438 for the same period last year. Income before income taxes was CAD 1,013,686 compared to CAD 3,803,559 for the same period last year. Cash generated from operating activities was CAD 7,189,846 against cash used in operating activities of CAD 6,965,631 for the same period a year ago. Purchase of property and equipment was CAD 1,921,101 against CAD 2,650,152 for the same period a year ago.

Forum National Investments Ltd. reported unaudited consolidated earnings results for the first quarter ended December 31, 2008. For the quarter, the company reported net income of CAD 419,051 or CAD 0.01 per basic share on net revenues of CAD 1,611,723 compared to net loss of CAD 316,822 or CAD 0.00 per basic share on net revenues of CAD 1,150,354 for the same period last year. Income before income taxes was CAD 422,055 compared to loss before income taxes of CAD 316,822 for the same period last year. Cash generated from operating activities was CAD 350,730 compared to CAD 509,802 for the same period last year. Purchase of property and equipment was CAD 344,801 compared to CAD 862,632 for the same period last year. Capital expenditure was CAD 344,801 compared to CAD 4,668,739 for the same period last year.

Forum National Investments Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2009. For the quarter, the company reported net income of CAD 347,908 or CAD 0.01 per basic share on net revenues of CAD 1,513,548 compared to net income of CAD 15,539 or CAD 0.00 per basic share on net revenues of CAD 1,633,100 for the same period last year. Income before income taxes was CAD 350,889 compared to CAD 15,539 for the same period last year. For the six months, the company reported net income of CAD 766,959 or CAD 0.03 per basic share on net revenues of CAD 3,125,272 compared to net loss of CAD 301,282 or CAD 0.00 per basic share on net revenues of CAD 2,783,455 for the same period last year. Income before income taxes was CAD 769,963 compared to loss before income taxes of CAD 301,282 for the same period last year. Cash generated from operating activities was CAD 6,921,213 compared to cash used in operating activities of CAD 909,991 for the same period last year. Purchase of property and equipment was CAD 1,177,342 compared to CAD 1,938,627 for the same period last year. Capital expenditure was CAD 2,762,234 compared to CAD 4,668,739 for the same period last year.