NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Annual General Meeting (the “Meeting”) of the Mulgrave Independent School Society (the “Society”) will be held on Wednesday, November 14, 2007 at Mulgrave School, 2330 Cypress Lane, West Vancouver, B.C. at the hour of 7:00 p.m. (local time) (Registration: 6:30 pm to 7:00 pm) for the following purposes:

1. To receive:
(a) the report of the Board of Directors of the Society;
(b) the report of the Head of the School;
(c) the report of the Treasurer of the Society; and
(d) the audited financial statements of the Society for its fiscal year ended 
     June 30, 2007;

2. To fix the number of Directors of the Society and to elect Directors as set out in the      accompanying Information Circular;

3. To appoint BDO Dunwoody LLP as the auditor of the Society for the ensuing fiscal year and to authorize the Directors to set the auditor’s remuneration;

4. To confer, by special resolution, a general authority for a period of one year on the Directors of the Society to undertake future financings of the Society, in accordance with the text of the resolution set out in the accompanying Information Circular; and

5. To approve the transaction of such other business as may properly come before the Meeting.

This Notice will be mailed to all Members of the Society and will be accompanied by an Information Circular and a proxy form. Please read the enclosures carefully to determine how you can vote at the Meeting in person or by proxy. A copy of the audited financial statements of the Society for its fiscal year ended June 30, 2007 will be enclosed with this Notice and, together with additional proxy forms, are also available prior to the Meeting on request from the main office of Mulgrave School. 

Dated the 25th day of October, 2007

ON BEHALF OF THE BOARD

     “Ann Dillon”
Ann Dillon, Secretary