CLW.P Carlaw Capital IV Inc.

Carlaw Capital IV Inc. ("Carlaw" or the "Corporation") (TSX VENTURE:CLW.P), a
capital pool company, today announced the termination of its previously
announced proposed qualifying transaction with Mortgage Company of Canada
Incorporated. The Corporation will continue to pursue and evaluate other
businesses and assets with a view to completing a qualifying transaction and
will make further announcements with respect to these efforts as soon as
practically possible. The Corporation cannot offer any assurances that a
qualifying transaction will be completed.


Neither TSXV nor its Regulation Services Provider (as that term is defined in
the policies of the TSXV) accepts responsibility for the adequacy or accuracy of
this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Carlaw Capital IV Inc.
Amar Bhalla
Chief Executive Officer, Chief Financial Officer
and Corporate Secretary
416.928.5104

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