Clarke Inc. announces increased investment in OFI Income Fund



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

    HALIFAX, Nov. 20 /CNW/ - Clarke Inc. ("Clarke") announces that it has
acquired 20,000 units of OFI Income Fund ("OFI") bringing its total holdings
in OFI to 2,323,000 units representing approximately 17.92% of the total
outstanding units of OFI, and approximately 10.01% of the voting rights
attached to all issued and outstanding securities of OFI.
    The purchase of the OFI 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 OFI, dispose of some or all of the
existing or additional units of OFI, or continue to hold the units of OFI in
the normal course of Clarke's investment activities.

    About Clarke

    Clarke is a Halifax-based activist and catalyst investment company with a
diversified portfolio of strategic and opportunistic investments, including
several wholly-owned subsidiaries operating in the transportation services
industry. From time to time, Clarke also participates in joint ventures when
they offer the opportunity to create shareholder value. Led by George Armoyan
and an entrepreneurial team of professionals focused on uncovering and
creating value, Clarke invests in undervalued businesses and participates
actively where necessary to enhance performance and increase returns. In 2006
alone, Clarke delivered a shareholder return on investment, including
dividends, of 33%. 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


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890