Jane Silverstone Segal acquires shares of Le Chateau



    MONTREAL, Sept. 19 /CNW Telbec/ - Jane Silverstone Segal, Chairman of the
Board and Chief Executive Officer of Le Château Inc. ("Le Château"), announced
today that she has acquired 2,000,000 Class A subordinate voting shares of
Le Château. The shares acquired represent approximately 9.8% of the issued and
outstanding Class A subordinate voting shares of Le Château. After giving
effect to the transfer, Ms. Silverstone Segal owns or controls, directly or
indirectly, 4,505,700 Class A subordinate voting shares (representing
approximately 22.2% of the class) and 160,000 Class B voting shares of
Le Château (representing approximately 3.5% of the class). The 2,000,000 Class
A subordinate voting shares were acquired indirectly from Herschel Segal by
private agreement in the context of estate planning. Ms. Segal has agreed to
certain restrictions regarding the sale or disposition of 3,905,700 Class A
subordinate voting shares.
    Following the transfer described above, Herschel Segal owns or controls,
directly or indirectly, 4,400,000 Class B voting shares of Le Château,
representing approximately 96.5% of the outstanding shares of that class and
2,280 Class A subordinate voting shares of Le Château, representing
approximately 0.01% of that class.
    Ms. Silverstone Segal may, in the ordinary course, acquire ownership or
control of additional shares or otherwise trade in securities of Le Château
for investment purposes.




For further information:

For further information: Johnny Del Ciancio, Le Château Inc., (514)
738-7000

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Le Château Inc.

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