MAAX Corporation Forbearance Period Extended To April 1, 2008



    MONTREAL, March 19 /CNW Telbec/ - MAAX Corporation announced today that
the Company and its Principal Lenders have agreed to amend the existing
Forbearance Agreement and extend the Forbearance Period to April 1, 2008.
    "Ongoing discussions between MAAX and its principal lenders and certain
of its stakeholders are progressing. MAAX believes that it is in the best
interest of the Corporation to continue to pursue these discussions amongst
certain of its stakeholders. Our ultimate objective is to significantly
improve MAAX's capital structure and increase the Company's liquidity", stated
Paul Golden, President and CEO, MAAX Corporation.
    The mutual agreement also enables MAAX to continue to operate without
interruption and MAAX will continue to provide customers with the outstanding
customer service, quality and innovative products they have come to expect of
it.

    About MAAX

    MAAX is a leading North American manufacturer of award-winning bathroom
products and spas for the residential housing market. The corporation is
committed to offering its customers an enjoyable experience: distinctive,
stylish, and innovative products and the best customer service practices in
the industry.
    The company currently employs more than 2,300 people in 16 plants and
independent distribution centers throughout North America and Europe. Visit us
at www.maax.com




For further information:

For further information: Stephanie Jarrold, Corporate Director,
Communications, (514) 844-4155, ext.242, Cell.: (514) 705-4905,
Stephanie.jarrold@maax.com

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MAAX CORPORATION

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