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2003 BEI Archived Press Release

Boardwalk Rental Communities


 TSE SYMBOL:  BEI
NYSE SYMBOL:  BEI

October 27, 2003

RE: Teleconference on Fiscal 2003 Third Quarter Financial Results

Calgary, Alberta – October 27, 2003
Boardwalk Equities Inc. ("BEI" - NYSE, TSX)
announces that the Company's fiscal 2003 third quarter financial
results will be released the morning of Monday November 17th, 2003.
We invite you to participate in the teleconference that will be held 
to discuss these results that same morning at 11:00 am EST. 
Senior management will speak to the third quarter financial results
and provide a corporate update. Presentation materials will be made 
available on the INVESTOR section of our website
(www.bwalk.com) prior to the call.

Participation & Registration: 
Please RSVP to Investor Relations at 
403-531-9255 or by email to investor@bwalk.com.

Teleconference: 
The telephone numbers for the conference are:         
416-640-4127 (within Toronto) 
or toll-free 1-800-814-4861
(outside Toronto).

Webcast: 
Investors will be able to listen to the call and view our slide
presentation over the Internet by visiting http://investor.bwalk.com 15 min.
prior to the start of the call. An information page will be provided
for any software needed and system requirements. 
The live audiocast will also be available at     
http://www.newswire.ca/webcast/viewEventCNW.html?eventID=676060.

Replay: 
An audio recording of the teleconference will be available
approximately one hour after the call until 11:59pm EST on
November 24th, 2003. You can access it by dialing 416-640-1917
and using the passcode 21024037 followed by the pound key. 
An audio archive will also be available on
our Investor site (http://investor.bwalk.com)
approximately two hours after the conference call.

Corporate Profile
Boardwalk Equities Inc. is Canada's largest owner/operator
of multi-family rental communities. Boardwalk currently owns
in excess of 250 properties with over 31,200 units totalling
approximately 26 million net rentable square feet. 
The company's portfolio is concentrated in the provinces
of Alberta, Saskatchewan, Ontario and Quebec. Boardwalk is
headquartered in Calgary and its shares are listed on both
the Toronto Stock Exchange and the New York Stock Exchange
and trade under the symbol BEI. The Company has a
total market capitalization of approximately $2.1 billion.
    %SEDAR: 00004201E


For further information regarding Boardwalk,
contact 
Paul Moon, Director of Corporate Communications
at: (403) 531-9255.

Recent investor information can be found on the Internet 
at http://investor.bwalk.com/.




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