Dorel Industries Inc. Announces Intention to Voluntarily Delist Class B Subordinate Voting Shares from the NASDAQ Global Market


    MONTREAL, March 7 /CNW Telbec/ - Dorel Industries Inc. (TSX: DII.B DII.A;
NASDAQ:   DIIB) today announced its intention to voluntarily delist its Class B
Subordinate Voting Shares (the "Class B Shares") from the NASDAQ Global
Market. The Class B Shares will continue to trade on the Toronto Stock
    Trading on the Toronto Stock Exchange, which has been the primary market
of the Class B Shares since 1990, currently accounts for more than 85% of the
total trading volume of the Class B Shares on the Toronto Stock Exchange and
the NASDAQ Global Market combined. In light of the historically low trading
volume of Class B Shares on the NASDAQ Global Market, Dorel has concluded that
the increased costs of maintaining the listing of the Class B Shares on the
NASDAQ Global Market outweigh the benefits of continuing such listing, and has
decided to delist the Class B Shares from the NASDAQ Global Market.
    Dorel delivered notice today to The NASDAQ Stock Market LLC that it
intends to delist the Class B Shares. As disclosed in the notice, Dorel
expects to file a notification of removal from listing on the NASDAQ Global
Market on Form 25 with the SEC on or about March 19, 2007. The withdrawal of
the Class B Shares from listing should be effective 10 days after the filing
of the notice on Form 25 with the SEC. Accordingly, Dorel anticipates that the
Class B Shares will be suspended from trading on the NASDAQ Global Market as
of market open on or about March 19, 2007 and the Class B Shares will be
delisted from the NASDAQ Global Market on or about March 29, 2007. Following
delisting of the Class B Shares, Dorel will continue to file or furnish
reports with the SEC. However, Dorel also announced that it intends at a
future date, if permitted under the rules of the U.S. Securities and Exchange
Commission (the "SEC"), to terminate the registration of the Shares with the
    The delisting of the Shares from the NASDAQ Global Market will not affect
the listing of the Class B Shares on the Toronto Stock Exchange and the Class
B Shares will continue to trade on the Toronto Stock Exchange after the NASDAQ
Global Market delisting becomes effective.
    Dorel will comply with, and continue to be subject to, the laws of
Province of Quebec, the jurisdiction in which Dorel is incorporated, as well
as Canadian securities laws and corporate governance rules applicable to
Canadian publicly listed companies, including the rules of the Toronto Stock


    Dorel Industries (TSX: DII.A, DII.B; NASDAQ:   DIIB) is a global consumer
products company engaged in the designing, manufacturing and marketing of a
diverse portfolio of powerful consumer brands, sold through its Juvenile, Home
Furnishings, and Recreational/Leisure segments. Headquartered in Montreal,
Dorel employs approximately 4,500 people in 14 countries. Dorel also has eight
offices in China, headquartered in Shanghai, which oversee the sourcing,
engineering and logistics of the Company's Asian supplier chain. 2005 sales
were US$1.8 billion.
    US operations include Dorel Juvenile Group USA, which markets the Cosco
and Safety 1st brands as well as Eddie Bauer and Disney Baby licensed
products; Ameriwood Industries, which markets ready-to-assemble furniture
products under the Ameriwood, Carina, SystemBuild, Altra Furniture and
Ridgewood brands; Cosco Home & Office, which markets home/office products
under the Cosco brand and Samsonite license as well as home healthcare
products under the Cosco Ability Essentials and Adepta brands; and Pacific
Cycle, which markets the Schwinn, Mongoose, GT, InSTEP, Playsafe and
Roadmaster brands. In Canada, Dorel operates Dorel Distribution Canada,
Ridgewood Industries and Dorel Home Products. Dorel Europe markets juvenile
products throughout Europe, under the Bébé Confort, Maxi-Cosi, Quinny, Safety
1st, Babidéal, Mon Bébé and Baby Relax brands. Dorel Asia sources and imports
home furnishings products.

    Caution Concerning Forward-Looking Statements

    Except for historical information provided herein, this press release may
contain information and statements of a forward-looking nature concerning the
future performance of Dorel Industries Inc. These statements are based on
suppositions and uncertainties as well as on management's best possible
evaluation of future events. The business of the Company and these
forward-looking statements are subject to a number of risks and uncertainties
that could cause actual results to differ from expected results. Important
factors which could cause such differences may include, without excluding
other considerations, increases in raw material costs, particularly for key
input factors such as particle board and resins; increases in ocean freight
container costs; failure of new products to meet demand expectations; changes
to the Company's effective income tax rate as a result of changes in the
anticipated geographic mix of revenues; the impact of price pressures exerted
by competitors, and settlements for product liability cases which exceed the
Company's insurance coverage limits. A description of the above mentioned
items and certain additional risk factors are discussed in the Company's
Annual MD&A and Annual Information Form, filed with the securities regulatory
authorities in Canada and the U.S. The risk factors outlined in the previously
mentioned documents are specifically incorporated herein by reference. The
Company's business, financial condition, or operating results could be
materially adversely affected if any of these risks and uncertainties were to
materialize. Given these risks and uncertainties, investors should not place
undue reliance on forward-looking statements as a prediction of actual

For further information:

For further information: MaisonBrison/BarnesMcInerney: Rick Leckner,
(514) 731-0000; Dorel Industries Inc.: Jeffrey Schwartz, (514) 934-3034

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