Clarke Inc. announces investment in OFI Income Fund

    HALIFAX, Aug. 2 /CNW/ - Clarke Inc. ("Clarke") announces that it has
acquired 5,400 units of OFI Income Fund ("OFI") bringing its total holdings in
OFI to 1,297,100 units representing approximately 10.01% of the total
outstanding units of OFI, and approximately 5.59% of the voting rights
attached to all issued and outstanding securities of OFI.
    "At Clarke Inc., our investment team is always pursuing strategic and
opportunistic investments that will continue to grow Clarke's business and
profitability," said George Armoyan, President and CEO of Clarke Inc. "We
believe that OFI Income Fund offers a strong opportunity to deliver value for
Clarke's shareholders."
    The purchase of the OFI 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 OFI, dispose of some or all of the
existing or additional units of OFI, or continue to hold the units of OFI in
the normal course of Clarke's investment activities.

    About Clarke

    Clarke Inc. is the Halifax-based parent company of a number of
wholly-owned operating companies and divisions, and is an activist catalyst
investor with a diversified portfolio of strategic and opportunistic
investments. Clarke's operating companies are in the transportation services
business. 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, please visit our
website at
    %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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