Unitholders Approve Plan to Wind-up KBSH Leaders Trust Toronto, December 5th, 2005: (KBSH Leaders Trust (TSX:KLT.UN) (the "Trust") is pleased to announce that a distribution of CAD$13.92 per unit has been paid today to the Trust's unitholders of record as of the close of business on November 30, 2005. This distribution represents substantially all of the net assets following the liquidation of the Trust's portfolio. An additional distribution will be made on or about December 12, 2005 once the final accounting for all of the Trust's liabilities is completed. Units of the Trust were de-listed from the TSX at the close of business on November 25, 2005. About KBSH: KBSH Capital Management Inc. is a Canadian based asset manager with a proven track record of success in a variety of portfolio types and asset classes since 1980. At October 31, 2005, KBSH had approximately $5.5 billion in assets under management on behalf of pension funds, foundations, managed accounts, mutual funds and private clients, and manages in excess of $2.5 billion in income based portfolios. For further information contact: Peter Pennal Chief Executive Officer KBSH Capital Management Inc. Telephone: (416) 863-1433