Added Capital announces name change and continuance



    WELLAND, ON, Oct. 20 /CNW/ - Added Capital Corp. ("Added") (TSX-V: LS) is
pleased to announce that, after obtaining the requisite shareholder approvals
at the annual and special meeting held on September 29, 2008, in Calgary,
Alberta, it has changed its name to "Lakeside Steel Inc." and has completed
the continuance from the Business Corporations Act (Alberta) to the Business
Corporations Act (Ontario), effective October 10, 2008.
    Added's continuous disclosure documents can be accessed on www.sedar.com
under the name "Lakeside Steel Inc." Added's common shares will continue to
trade on the TSX-V under the symbol "LS".

    About Lakeside Steel Inc. (Formerly Added Capital Corp.)

    Lakeside Steel Inc. is the parent company of Lakeside Steel Corporation
("Lakeside"). Lakeside, located in Welland, Ontario, is a diversified steel
pipe and tubing manufacturer. Lakeside's list of customers includes large oil
and gas, mining, automotive and commercial and industrial supply companies. In
addition to supplying its products in these industries, Lakeside manufactures
pipe and mechanical tubing for the resale market, which is sold to
distributors in Eastern Canada and the Northeastern United States. Lakeside
manufactures a variety of products for these industries including oil well
tubing and casing, mechanical tubing, pressure tubing, automotive tubing,
hollows for redraw, line pipe, heating and plumbing pipe, drill rod and
specialty tubing. Lakeside serves customers worldwide, either directly or
indirectly, in Canada, Australia and the United States.





For further information:

For further information: on this press release, please contact: Kyler
Wells, Corporate Secretary, (416) 644-8177

Organization Profile

ADDED CAPITAL CORP.

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LAKESIDE STEEL INC.

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