BMTC Group inc. announces the final results of its offer to buy back up to 4,000,000 of its class a subordinate voting shares



    MONTREAL, Sept. 30 /CNW Telbec/ - BMTC's offer to purchase up to
4,000,000 of its Class A Subordinate Voting Shares at a price of $20.00 per
share expired today at 12:00 p.m., Montreal time. Based on the final report by
the depositary for the offer, 3,134,147 Class A Subordinate Voting Shares were
deposited as at the expiration of the offer. BMTC shall purchase for
cancellation all of the 3,134,147 Class A Subordinate Voting Shares deposited
under the offer.
    Payment for the Class A Subordinate Voting Shares deposited and accepted
for purchase will be made as promptly as practicable in accordance with the
offer.
    Based on the number of shares currently outstanding and after taking into
account the repurchase, 16,315,718 Class A Subordinate Voting Shares will
remain outstanding.

    BMTC Group inc., which Class A Subordinate Voting Shares are listed on
the Toronto Stock Exchange, is an important retailer of furniture, electronic
goods and household appliances in the areas of Montreal, Quebec City,
Repentigny, Ste-Therese, Laval, Longueuil, Kirkland, St-Georges,
Trois-Rivières, Sherbrooke, Chicoutimi, Rivière-du-Loup, Rimouski, Levis,
Beauport, Ste-Foy, Gatineau, Ste-Hyacinthe, St-Jean-sur-le-Richelieu, Granby,
Vaudreuil, Mascouche and St-Jérôme through its subsidiaries Brault & Martineau
and Ameublements Tanguay.




For further information:

For further information: Mr. Yves Des Groseillers, Chairman, President
and Chief Executive Officer, BMTC Group Inc., (514) 648-5757


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