Mr. Nick Desmarais reports

WESTSHORE TERMINALS REPORT OF AGM VOTING RESULTS

Nominees have been elected as directors of Westshore Terminals Investment Corp. until the next annual general meeting.

Name of nominee       Votes for       %   Votes withheld       %    

William W. Stinson   37,125,324   81.40        8,482,880   18.60
Dallas H. Ross       42,549,567   93.29        3,058,637    6.71 
Brian Canfield       32,385,888   71.01       13,222,316   28.99
Glen Clark           45,288,983   99.30          319,221    0.70 
Clark H. Hollands    34,202,604   74.99       11,405,600   25.01
Nick Desmarais       43,752,396   95.93        1,855,808    4.07 
Steve Akazawa        45,476,958   99.71          131,246    0.29 
Dianne Watts         45,470,436   99.70          137,768    0.30 

The results to appoint KPMG LLP as auditor of the corporation are set out herein.

Auditor     Votes for       %     Votes withheld      %   

KPMG LLP   44,610,026   97.40          1,191,509   2.60