Clarke Inc. announces investment in Avenir Diversified Income Trust



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

    HALIFAX, March 27 /CNW/ - Clarke Inc. ("Clarke") announces that it has
acquired 545,100 units of Avenir Diversified Income Trust ("Avenir") bringing
its total holdings in Avenir to 4,243,300 units representing approximately
10.16% of the total issued and outstanding units of Avenir.
    The purchase of the Avenir 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 Avenir, dispose of some or all
of the existing or additional units of Avenir, or continue to hold the units
of Avenir 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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