TORONTO, August 3, 2007 – The board of directors of VenGrowth Capital Partners Inc., the manager and trustee of VenGrowth Cash Management Fund (“the Fund”), have decided to cease distribution of units of the Fund effective immediately and to seek an orderly wind down of operations, including termination of the Fund’s existence.

An amendment to the Fund’s simplified prospectus dated January 18, 2007 will be filed.

Media Inquiries:
Angus Fisher
(416) 628 9255
afisher@vengrowth.com

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