Investments of Pala Investments Holdings Limited in EarthFirst Canada Inc.



    TORONTO, March 13 /CNW/ - Pala Investments Holdings Limited ("PIHL")
announced today that it has acquired through the facilities of The Toronto
Stock Exchange ownership of an aggregate 2,204,100 common shares of EarthFirst
Canada Inc. ("EarthFirst"). These acquisitions increase PIHL's share ownership
in EarthFirst to 14,712,200 common shares representing, to the knowledge of
PIHL, 14.27% of the issued and outstanding shares of EarthFirst. PIHL has
acquired the shares for investment purposes only. PIHL may acquire additional
securities if they become available at prices that are attractive to PIHL.





For further information:

For further information: please contact Jan Castro, at 011 41 41 560
9070

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Pala Investments Holdings Limited

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