Clarke Inc. announces increased investment in Bonnett's Energy Services Trust



    TSX: CKI; CKI.DB; CKI.DB.A

    HALIFAX, July 28 /CNW/ - Clarke Inc. ("Clarke") announces that it has
acquired 287,200 units of Bonnett's Energy Services Trust ("Bonnett's")
bringing its total holdings in Bonnett's to 2,800,530 units representing
approximately 19.62% of the total issued and outstanding units of Bonnett's.
    The Bonnett's units held by Clarke and George Armoyan, the President and
Chief Executive Officer of Clarke, together total 2,810,530 units,
representing approximately 19.69% of the total outstanding units of Bonnett's.
    The purchase of the Bonnett's units by Clarke was made through the
facilities of the Toronto Stock Exchange for investment purposes. Clarke may,
from time to time, acquire additional units of Bonnett's, dispose of some or
all of the existing or additional units of Bonnett's, or continue to hold the
units of Bonnett's in the normal course of Clarke's investment activities.
    The issuance of this news release does not constitute an admission by
Clarke that it is acting jointly or in concert with Mr. Armoyan with respect
to units of Bonnett's.

    About Clarke

    Halifax-based Clarke Inc., led by an entrepreneurial team of investment
professionals, is an activist and catalyst investment company that creates
shareholder value by identifying businesses with the potential for improved
performance, and working actively to uncover the value.
    Clarke's securities trade on the Toronto Stock Exchange (CKI, CKI.DB,
CKI.DB.A); for more information about Clarke Inc., please visit our website at
www.clarkeinc.com.
    %SEDAR: 00009934E




For further information:

For further information: Melinda Lee, Vice President Investments, Clarke
Inc., (902) 442-3420, Fax: (902) 423-4001


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