Grey Horse Corporation was established in 2003 to bring increased efficiency and improved customer service to the regional segment of the $1 billion North American market for transfer agency services.

Over the next five years, our focus is to make strategic acquisitions in the corporate trust and transfer agency sector while building an industry-leading customer service culture. Management's objective is to establish the Company as the dominant corporate trust and transfer agent serving the Canadian and U.S. mid-market.

In December 2004, the Company initiated this growth strategy with its acquisition of Equity Transfer & Trust, the dominant regional transfer agent serving the Ontario market.

Grey Horse Corporation's common shares are listed on the Toronto Stock Exchange where they trade under the symbol GHC.