July 12, 2001

All Shareholders, Analysts and Institutional Investors

FirstService Corporation Conference Call Announcing First Quarter Results
FirstService Corporation will be releasing its first quarter financial results on Tuesday July 24, 2001 at 7:30 a.m. The Company's management invites you to participate in a conference call to be held:

        Tuesday July 24, 2001, at 2:00 p.m. Eastern Standard Time (EST)

to discuss the Company's financial results. The call will be hosted by FirstService Corporation's President & Chief Executive Officer, Jay S. Hennick.

        To participate, please dial 1-800-616-9004 several minutes before 2:00 p.m. (EST).

If you are not available to participate in the call at the scheduled time, you may listen to a recorded replay by dialing 1-888-203-1112 . The access code for the replay is 568148. The replay will be available from 5:00 p.m. (EST) July 24, 2001 through Tuesday July 31, 2001. Additionally, an on-line broadcast will be available by viewing our website at in the "News Release" section.

Should you have any questions, please do not hesitate to contact FirstService Corporation at 416-960-9500.

We appreciate your interest in FirstService Corporation and look forward to your participation.