Toronto, ON July 11, 2008 – Borden Ladner Gervais LLP provided counsel to the underwriters on more Canadian initial public offerings than any other firm, according to Bloomberg's second quarter firm rankings. BLG's market share in this category jumped 30.4 per cent from 2007, putting it almost $100-million in deal value ahead of its nearest competitor. Among the deals making up this total was the Sprott Inc. IPO, the largest Canadian IPO this year to date.

In other rankings published by Thompson Reuters, BLG's Mergers and Acquisitions practice ranked fifth by value of deals that had any Canadian involvement.

'These rankings tell an important story,' said BLG National Managing Partner Sean Weir. 'The professionals in our Securities and M&A Practices are among the very best in the legal sector and are being sought out to provide counsel on a constantly expanding number of transactions.'

On the Mergermarket tables, BLG climbed 20 spots from 2007, ranking 11 th in the Q2 M&A league tables by value and 6 th by volume, moving up 4 spots from 2007.

This news further demonstrates that BLG is maintaining its growth position and taking on more and more financing work from traditional powerhouses in corporate finance.

About Borden Ladner Gervais LLP

With more than 725 lawyers, intellectual property agents, and other professionals working in six major Canadian cities, Borden Ladner Gervais LLP is a leading Canadian full-service law firm. BLG provides bilingual legal and intellectual property services in virtually every area of law, and represents a wide range of regional, national and multinational organizations. For further information, visit www.blg.com.

For more information, or to secure a photo, please contact:

Tricia Weagant
Ketchum Public Relations Canada (for BLG)
tricia.weagant@ketchum.com
416 355 7431