Clarke Inc. announces increased investment in Liquidation World



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

    HALIFAX, July 18 /CNW/ - Clarke Inc. ("Clarke") announces that it has
acquired 29,300 shares of Liquidation World ("Liquidation") bringing its total
holdings in Liquidation to 1,229,500 shares representing approximately 14.91%
of the total outstanding shares of Liquidation.
    The purchase of the Liquidation shares by Clarke was made through the
facilities of the Toronto Stock Exchange for investment purposes. Clarke may,
from time to time, acquire additional shares of Liquidation, dispose of some
or all of the existing or additional shares of Liquidation, or continue to
hold the shares of Liquidation in the normal course of Clarke's investment
activities.

    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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