Keystone North America Inc. to proceed with share consolidation



    TORONTO, June 25 /CNW/ - Keystone North America Inc. (TSX: KNA; KNA.UN)
(the "Company") announced today that at its annual and special meeting of
shareholders held on June 24, 2008, shareholders approved the consolidation of
the issued and outstanding common shares of the Company on the basis of one
post-consolidation common share for every six pre-consolidation common shares
held. The Company filed articles of amendment dated today's date giving effect
to the share consolidation. The Company anticipates that the
post-consolidation common shares will begin trading on the Toronto Stock
Exchange under the existing symbol "KNA" on or about Monday June 30, 2008.
    It is expected that the income participating securities ("IPSs"), as
adjusted to reflect the share consolidation, will continue to be listed on the
Toronto Stock Exchange under the existing symbol "KNA.UN" immediately
following the share consolidation. However, there can be no assurance the such
listing will continue.
    More information regarding the impact of the share consolidation and
potential de-listing of the IPSs can be found in the Company's management
information circular dated May 23, 2008 available at www.sedar.com.

    FORWARD-LOOKING INFORMATION

    Certain statements in this news release are "forward-looking statements",
which reflect the expectations of management regarding the Company's capital
structure and the markets for its securities. Wherever possible, words such as
"anticipates" or "expects" and similar expressions or statements that certain
actions, events or results "will" be taken, occur or be achieved have been
used to identify these forward-looking statements. The forward-looking
statements contained in this news release are based upon certain assumptions
regarding the Company's capital structure and the markets for its securities.
While management believes that its assumptions are reasonable, investors
cannot be assured that actual results will be consistent with these
forward-looking statements, and the differences may be material. A number of
factors could cause actual results to differ materially from the results
discussed in the forward-looking statements including, among others, those
described under the heading "Matters to be Considered at the Meeting - Share
Consolidation" in the Company's management information circular dated May 23,
2008, which are incorporated herein by reference. However, the risk factors
set out therein are not exhaustive of the factors that may affect any of the
Company's forward-looking statements. Further information regarding these and
other factors is included in the Company's public filings with Canadian
securities regulatory authorities. These forward-looking statements are made
as of the date of this news release and, except as otherwise required by law,
the Company assumes no obligation to update or revise them to reflect new
events or circumstances.

    %SEDAR: 00021578E




For further information:

For further information: Steven A. Tidwell, Chief Executive Officer,
(813) 225-4653, stidwell@keystonegroup.com; Stephen Shaffer, Chief Financial
Officer, (813) 225-4654, sshaffer@keystonegroup.com, or please visit our
investor website at http://www.keystonenorthamerica.ca

Organization Profile

KEYSTONE NORTH AMERICA INC.

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