Cymbria Corporation Announces Normal Course Issuer Bid

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TORONTO, May 12 /CNW/ - Cymbria Corporation (TSX: CYB) ("Cymbria" or "the Company") announced today that it has filed a notice with the Toronto Stock Exchange and received its approval to make a Normal Course Issuer Bid ("NCIB") permitting the Company to purchase for cancellation up to 10% of the public float of non-voting, non-redeemable Class A shares ("Shares"), or 1,421,818 Shares. Cymbria had 14,330,511 Shares issued and outstanding as at May 11, 2011.

Cymbria may buy back Shares from time to time during the twelve-month period beginning on May 16, 2011 and ending on May 15, 2012. Any purchases under the NCIB will be made through the facilities of the TSX.

In accordance with TSX rules, the Company can purchase a maximum of 286,610 Shares during a 30-day period, subject to certain TSX exceptions.

The Company is implementing the NCIB to allow it to purchase Shares if and when it makes sense to do so.

Under the Company's previous NCIB which expired on May 12, 2011, the Company purchased for cancellation 500 Shares at a weighted average price of $14.10.

ABOUT CYMBRIA CORPORATION

Cymbria Corporation is a non-redeemable investment fund with an investment objective to provide shareholders with long-term capital appreciation through an actively managed portfolio comprised primarily of global equity securities and an investment in EdgePoint Wealth Management Inc. Cymbria began trading on the TSX on November 4, 2008 under the symbol CYB.

SOURCE Cymbria Corporation

For further information:

Patrick Farmer at 416.963.9353 or farmer@edgepointwealth.com.


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