Clarke Inc. announces investment in Oceanex Income Fund



    HALIFAX, March 8 /CNW/ - Clarke Inc. ("Clarke") announces that it has
acquired 5,000 units in Oceanex Income Fund ("Oceanex"), bringing its total
holdings in Oceanex to 877,450 units representing approximately 10.06% of the
total outstanding units of Oceanex.
    The purchase of the units of Oceanex 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 Oceanex, dispose of some or all
of the existing or additional units of Oceanex, or continue to hold the units
of Oceanex in the normal course of Clarke's investment activities.

    About Clarke

    Clarke Inc. is the Halifax-based parent company of a number of
wholly-owned operating companies and divisions, and is an activist catalyst
investor with a diversified portfolio of strategic and opportunistic
investments. Clarke's operating companies are in the transportation services
business. 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, 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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