Added Capital Corp. names Ron Bedard Vice President Operations, Engineering and Maintenance



    TORONTO, March 6 /CNW/ - Added Capital Corp. (TSX-V: LS)("Added") and its
wholly owned subsidiary Lakeside Steel Corporation ("Lakeside") are pleased to
announce that Mr. Ron Bedard has joined the Lakeside Steel team as its Vice
President responsible for Operations, Engineering and Maintenance.
    Ron joins Lakeside after a ten year career with Stelco/U.S. Steel during
which time he held senior management positions at both the Lake Erie and
Hamilton facilities. As the Primary Operations Division Manager for the
Hamilton facility, Ron managed all aspects of the Operations, Logistics,
Engineering and Maintenance functions. Ron was instrumental in guiding
Stelco's Hamilton organization through a significant period of change and in
assisting with the successful transition to new ownership under U.S. Steel.
    In addition to his extensive steel industry experience, Ron has broad
experience working with ISO certified companies and is pursuing his MBA
degree.
    Tim Clutterbuck, President and CEO of Lakeside stated, "I am excited to
have an executive of Ron's caliber and energy join the management team of
Lakeside. Ron's expertise and experience will be of great value to Lakeside as
our company grows."

    About Lakeside Steel Corporation

    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, China,
Australia and the United States.

    The TSX-V does not accept responsibility for the adequacy or accuracy of
    this release. No stock exchange, securities commission or other
    regulatory authority has approved or disapproved the information
    contained herein.

    %SEDAR: 00023559E




For further information:

For further information: Vic Alboini, Chairman and Chief Executive
Officer, Added Capital Corp., Tel: (416) 644-8110, Fax: (416) 644-0271, Email:
valboini@northernsi.com

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ADDED CAPITAL CORP.

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