Canada's Pizza Delivery Corp. completes Plan of Arrangement

    CALGARY, Aug. 15 /CNW/ - Canada's Pizza Delivery Corp. (TSXV: CPZ) (the
"Corporation") announces that it has completed the Plan of Arrangement,
involving the Corporation, the Shareholders of the Corporation and Roberto
Ledeboer, effective August 15, 2007.
    The Depositary, CIBC Mellon Trust Company, can now process letters of
transmittal and will be making payments for the shares of the Corporation
purchased pursuant to the Plan of Arrangement.  Registered shareholders who
have not submitted their shares should contact the Depositary at
1-800-387-0825 for assistance.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy and accuracy of this release.

For further information:

For further information: Jeffrey E. Dyck at (403) 298-1052

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