Financial Services >> CEO Interviews >> August 9, 2004

DORI SEGAL – FIRST CAPITAL REALTY INC (FCR:TSX)

DORI J. SEGAL is President and Chief Executive Officer of First Capital Realty Inc. He is also, the President of First Capital Realty's largest shareholder, Gazit-Globe, Israel's largest real estate investment company. An independent businessman since 1984, he joined Gazit both as a principal investor and a senior member of the management team in 1993. In his capacity as President, Mr. Segal had a leading part in the growth of Gazit, which today has over US$3 billion in total assets. Since 1997, he has been active in the acquisition, development and financing of shopping centers in Canada. He was mainly responsible for the purchase of Gazit's initial portfolio in Canada and then played a key role in the acquisition of First Capital Realty Inc. (formerly known as Centrefund Realty Corporation) in August 2000. Profile
TWST: Please begin with a brief historical sketch of First Capital

Realty Inc. and a picture of the things you're doing at the present

time.

Mr. Segal: First Capital is now Canada's leading