Derek I. Stimson Acquires Beneficial Ownership of Shares of Rocky Mountain Dealerships Inc.

    CALGARY, Dec. 20 /CNW/ - Derek I. Stimson, President and a director of
Rocky Mountain Dealerships Inc. ("Rocky Mountain"), indirectly acquired
beneficial ownership of 1,924,435 common shares ("Rocky Mountain Shares") of
Rocky Mountain pursuant to a share purchase agreement dated December 20, 2007
with Hi-Way Service Ltd. ("Hi-Way Service"), Derek Stimson Holdings Ltd.,
1016427 Alberta Ltd., 1358221 Alberta Ltd. ("1358221"), and Rocky Mountain
pursuant to which Rocky Mountain acquired all of the issued and outstanding
shares of Hi-Way Service (Medicine Hat) Inc. from 1358221 for consideration
which included 1,924,435 Rocky Mountain Shares (the "Acquisition"). At the
time of the completion of the Acquisition, 1358221 was a wholly-owned
subsidiary of Hi-Way Service and Mr. Stimson was, indirectly, the majority
shareholder of Hi-Way Service. Following the completion of the Acquisition,
Mr. Stimson, through the indirect beneficial ownership of 1358221 Alberta
Ltd., exercised control or direction over 1,924,435 Rocky Mountain Shares,
representing 16.6% of the issued and outstanding Rocky Mountain Shares.
    Following the closing of the Acquisition, all of the outstanding common
shares of 1358221 were transferred by Hi-Way Service to an arm's length third
party and 1,874,435 Rocky Mountain Shares formerly held by 1358221 were
transferred to Hi-Way Service, of which Mr. Stimson is the indirect majority
shareholder. Following such transactions, Mr. Stimson exercises control or
direction over 1,874,435 Rocky Mountain Shares, representing 16.2% of the
issued and outstanding Rocky Mountain Shares.
    The Rocky Mountain Shares were beneficially acquired by Mr. Stimson for
investment purposes as a director and officer of Rocky Mountain. In the event
that the over-allotment option granted to the underwriters in connection with
the initial public offering of Rocky Mountain is not exercised in full,
Derek I. Stimson may acquire beneficial ownership of up to an additional
390,000 Rocky Mountain Shares within 30 days of the date hereof for no
additional consideration. Mr. Stimson may also acquire additional securities
of Rocky Mountain for investment purposes from time to time.

For further information:

For further information: or for a copy of the early warning report filed
in respect of these transactions, please contact: Mr. Derek Stimson, Tel:
(403) 329-5239, Fax: (403) 327-9021

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