Jane Silverstone Segal/Update on Le Château Holdings

    MONTREAL, May 21 /CNW Telbec/ - Jane Silverstone Segal, Chairman of the
Board and Chief Executive Officer of Le Château Inc. ("Le Château"), announced
on September 18, 2008 that she had acquired 2,000,000 Class A subordinate
voting shares of Le Château, representing, at the time, approximately 9.8% of
the issued and outstanding Class A subordinate voting shares of Le Château and
that such shares were acquired indirectly from Herschel Segal by private
agreement in the context of estate planning. Ms. Segal had agreed to certain
restrictions regarding the sale or disposition of 3,905,700 Class A
subordinate voting shares. Such restrictions have now been removed.
    Ms. Silverstone Segal currently owns or controls, directly or indirectly,
4,585,700 Class A subordinate voting shares, representing approximately 23.2%
of such class of shares and 160,000 Class B Shares, representing approximately
3.5% of such shares. Ms. Silverstone Segal may, in the ordinary course,
acquire ownership or control of additional shares or otherwise trade in
securities of Le Château for investment purposes.

For further information:

For further information: Johnny Del Ciancio, Le Château Inc., (514)

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Le Château Inc.

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