Principal shareholder participates in private placement by Norwall Group Inc.



    TORONTO, Sept. 21 /CNW/ - Albeem B.V., a company controlled by The Ashton
Family Trust, participated in a private placement of common shares by Norwall
Group Inc. ("Norwall") announced by Norwall today by purchasing a total of
277,000 common shares from treasury. Accordingly, for purposes of applicable
Canadian securities laws, following completion of the private placement, The
Ashton Family Trust beneficially owns a total of 2,685,895 common shares of
Norwall, representing approximately 37.6% of the issued and outstanding common
shares.

    Other Information

    The Ashton Family Trust acquired the common shares for investment
purposes. The Ashton Family Trust and/or Albeem B.V. may in the future take
such actions in respect of their holdings of securities of Norwall as deemed
appropriate in light of circumstances then existing, including the acquisition
or disposition of common shares or other securities of Norwall. The Ashton
Family Trust and/or Albeem B.V. may from time to time acquire additional
common shares in the open market or in privately negotiated transactions,
subject to availability of common shares at prices deemed favourable,
Norwall's business or financial condition and other factors and conditions
deemed appropriate. In addition, The Ashton Family Trust and/or Albeem B.V.
may formulate other purposes, plans or proposals regarding Norwall or any of
its securities to the extent deemed advisable in light of general investment
and trading policies, market conditions or other factors.
    The trustee of the Estate of R. Derek A. Ashton, Lorraine Ashton, is a
beneficiary of The Ashton Family Trust and exercises control or direction over
a total of 27,189 common shares held by the Estate, representing a total of
approximately 0.4% of the issued and outstanding common shares of Norwall.
    Neither the issuance of this news release in connection with the matters
disclosed in this news release nor the filing of the report filed by The
Ashton Family Trust in accordance with applicable Canadian securities laws is
an admission that an entity named in this news release owns or controls any
described securities or is a joint actor with another named entity.





For further information:

For further information: including to obtain a copy of the report filed
by The Ashton Family Trust in accordance with applicable Canadian securities
laws, contact: Glenn McMichael, (905) 838-3528; Address Information, The
Ashton Family Trust, "Jacaranda", 3 Prospero Lane, Smith's, Bermuda, FLO8;
Albeem B.V., c/o Fortis Intertrust Netherlands, P.O. Box 990, 1000 AZ,
Amsterdam, The Netherlands

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THE ASHTON FAMILY TRUST

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