Paros Acquires Common Shares of Tri-White



    MISSISSAUGA, ON, Jan. 9 /CNW/ - Paros Enterprises Limited ("Paros") today
announced that it has acquired an additional 36,500 common shares of Tri-White
Corporation (TSX: TWH) representing approximately 0.2% of the issued and
outstanding common shares of Tri-White. Paros and S.N.A. Management Limited
together with K. (Rai) Sahi, who exercises direct and indirect control over
both companies and is a director, the chairman and chief executive officer of
Tri-White, will, following this acquisition, beneficially own 16,270,606
common shares representing approximately 71.6% of the outstanding common
shares of Tri-White.
    The common shares were acquired through the facilities of the Toronto
Stock Exchange for investment purposes only and Paros could increase or
decrease its investment in Tri-White depending on market conditions or any
relevant factors.





For further information:

For further information: Mr. K. (Rai) Sahi, President, 55 City Centre
Drive, Suite 1000, Mississauga, Ontario, L5B 1M3, Tel: (905) 281-3800, Fax:
(905) 281-5890

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TRI-WHITE CORPORATION

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