EllisDon Corporation Maintains Status as one of Canada's Best Managed Companies

    MISSISSAUGA, ON, Feb. 14 /CNW/ - EllisDon Corporation today announced
that it has re-qualified to maintain its status as a Best Managed company,
according to Canada's 50 Best Managed Companies program for 2007. This marks
the 5th year that EllisDon has made the prestigious list which is sponsored by
Deloitte, CIBC Commercial Banking, National Post and Queen's School of
Business. Like other Best Managed Companies, EllisDon has been successful
competing in national and global markets while overcoming many and diverse
    Faced with challenging issues in today's demanding labour markets,
including attracting and retaining employees, and meeting client expectations
in a highly competitive construction industry, EllisDon takes top marks as one
of Canada's best. Earlier this year, EllisDon was ranked the Best Employer in
Canada by Hewitt Associates for The Globe & Mail's Report on Business Magazine
survey. EllisDon is extremely proud and honoured to receive these awards and
accredits its success to fundamental core values, employee commitment and
strong client focus.
    "We are thrilled with the honour of maintaining our status as one of
Canada's Best Managed companies." said Geoff Smith, EllisDon's President and
CEO. "Our recent success is due in very large part to our unique values and
culture, and this shall be key to our success going forward. The world and our
place in it will change, our strategies will change, but great values do not
    "Today's market place is not just about the investment in the product; it
is also about the investment in the people. EllisDon invests in their team to
build up a strong and stable company. Canada's 50 Best Managed Companies
carries this attribute and we are pleased to say EllisDon is one of this
year's recipients." John Hughes, Partner, Private Company Services group with
Deloitte, a national sponsor of the Best Managed program.

    About EllisDon

    EllisDon is a global company delivering construction expertise, services
and specialized support to clients throughout the world. EllisDon employs
approximately 1200 people with a presence in Canada and the United States, as
well as offices in the West Indies, the United Arab Emirates and Greece,
EllisDon ranks among the world's leading construction services firms. Offering
not only general contracting, construction management and project management
but a growing range of equity, IT and communication services, EllisDon is
behind some of the most exciting infrastructure, manufacturing and retail
projects in the world.

    About Canada's Best Managed Companies

    Celebrating its 15th anniversary, Canada's 50 Best Managed Companies
continues to be the mark of excellence for Canadian-owned and managed
companies with revenues over $10 million. Every year, since the launch of the
program in 1993, hundreds of entrepreneurial companies have competed for this
designation in a rigorous and independent process that evaluates their
management skills and practices. The awards are granted on three levels:
1) Best Managed winner (one of the 50 new winners selected each year); 2)
Re-qualified member (repeat winners retain the Best Managed designation for
two additional years, subject to annual operational and financial review); 3)
Platinum Club member (winners that maintain Best Managed status for a minimum
of six consecutive years). Program sponsors are Deloitte, CIBC Commercial
Banking, National Post, and Queen's School of Business. For further
information, visit www.canadas50best.com.

For further information:

For further information: Rishma Mangat, EllisDon Corporation, Phone:
(905) 896-8900, Fax: (905) 896-8911, 89 Queensway Ave West, Suite 800,
Mississauga, Ontario, L5B 2V2, www.ellisdon.com

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