Keystone North America Inc. announces certain matters related to the
take-over bid by SCI Alliance Acquisition Corporation and filing of annual
materials

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

TORONTO, March 26 /CNW/ - Keystone North America Inc. (TSX:KNA and KNA.UN) ("Keystone") announced today that:

    
    -   SCI Alliance Acquisition Corporation, a wholly-owned subsidiary of
        Service Corporation International, has taken-up 23,748,302 shares,
        representing approximately 91.49% of the outstanding common shares of
        Keystone, under its offer to purchase all of the issued and
        outstanding common shares of Keystone;

    -   Keystone has given notice that its 14.5% subordinated notes due 2017
        will be redeemed on April 26, 2010;

    -   Keystone has repaid the outstanding amounts under, and terminated,
        the senior credit facilities of its wholly-owned subsidiary, Keystone
        America, Inc.; and

    -   Keystone has filed with Canadian securities regulatory authorities
        its audited annual financial statements for the year ended
        December 31, 2009, the corresponding management's discussion and
        analysis, and Keystone's annual information form (all of which are
        available for review on SEDAR at www.sedar.com).
    

%SEDAR: 00021578E

SOURCE KEYSTONE NORTH AMERICA INC.

For further information: For further information: Steven A. Tidwell, Chief Executive Officer, (813) 225-4653, stidwell@keystonegroup.com or please visit our investor website at http://www.keystonenorthamerica.ca/

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KEYSTONE NORTH AMERICA INC.

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