TSX: CKI; CKI.DB; CKI.DB.A HALIFAX, Nov. 5 /CNW/ - Clarke Inc. ("Clarke") announces that it has acquired 212,830 units of Bonnett's Energy Services Trust ("Bonnett's") bringing its total holdings in Bonnett's to 1,902,430 units representing approximately 16.16% of the total issued and outstanding units of Bonnett's. The Bonnett's units held by Clarke and George Armoyan, the President and Chief Executive Officer of Clarke, together total 1,912,430 units, representing approximately 16.24% of the total outstanding units of Bonnett's. The purchase of the Bonnett's units by Clarke was made through the facilities of the Toronto Stock Exchange for investment purposes. Clarke may, from time to time, acquire additional units of Bonnett's, dispose of some or all of the existing or additional units of Bonnett's, or continue to hold the units of Bonnett's in the normal course of Clarke's investment activities. The issuance of this news release does not constitute an admission by Clarke that it is acting jointly or in concert with Mr. Armoyan with respect to units of Bonnett's. About Clarke Clarke is a Halifax-based activist and catalyst investment company with a diversified portfolio of strategic and opportunistic investments, including several wholly-owned subsidiaries operating in the transportation services industry. From time to time, Clarke also participates in joint ventures when they offer the opportunity to create shareholder value. Led by George Armoyan and an entrepreneurial team of professionals focused on uncovering and creating value, Clarke invests in undervalued businesses and participates actively where necessary to enhance performance and increase returns. In 2006 alone, Clarke delivered a shareholder return on investment, including dividends, of 33%. Clarke's securities trade on the Toronto Stock Exchange (CKI, CKI.DB; CKI.DB.A); for more information about Clarke Inc., please visit our website at www.clarkeinc.com. %SEDAR: 00009934E
For further information:
For further information: Melinda Lee, Vice President Investments, Clarke Inc., (902) 442-3420, Fax: (902) 423-4001
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