Coloured Ties Capital IncTSXV: TIE

Sun Gro announces timing of third quarter 2007 results release, conference call and webcast

· Issued by Coloured Ties Capital Inc via CNW

Trading Symbol: The Toronto Stock Exchange - GRO.UN

VANCOUVER, Oct. 30 /CNW/ - In conjunction with the release of its financial results for the third quarter ended September 30, 2007, Sun Gro Horticulture Income Fund (TSE: GRO.UN) will host a conference call and webcast at 7:30 a.m. Pacific Time, (10:30 a.m. Eastern) on Friday, November 2, 2007.

Mitchell Weaver, President and C.E.O., and Bradley Wiens, Vice-President Finance and C.F.O., Sun Gro Horticulture Canada Ltd., will review financial results and corporate developments for the three and nine months ended September 30, 2007. The financial results will be released by newswire on the afternoon of Thursday, November 1, 2007.

To participate in this conference call, please dial one of the following numbers approximately five minutes prior to the commencement of the call:

               toll-free: 1-800-594-3790

               GTA local & International: 416-644-3422

Should you be unable to participate, an Instant Replay will be available until November 16, 2007 by dialing:

               toll-free: 1-877-289-8525 Passcode: 21250880
                followed by the number sign

               GTA local & International: 416-640-1917

To access the live and archived webcast, please go to:

http://www.vcall.com/IC/CEPage.asp?ID(equal sign)122413 or to the fund's website at: www.sungro.com.

We look forward to having you participate in our call and webcast.

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