Le Château announces TSX approval of normal course issuer bid

    MONTREAL, June 16 /CNW Telbec/ - Le Château Inc. (TSX: CTU.A) today
announced that it has received approval from the Toronto Stock Exchange for
its normal course issuer bid previously announced on June 5, 2008. The bid
will commence on June 19, 2008 and end 12 months later, or on such earlier
date as the Company may complete its purchases pursuant to the bid. Under the
bid, the Company may purchase up to 925,148 Class A subordinate voting shares
of the Company. In accordance with TSX requirements and subject to certain
exceptions for block purchases, a maximum daily repurchase of 6,839 shares may
be made.


    Le Château is a leading Canadian brand in specialty retailing, offering a
broad array of contemporary fashion apparel, accessories and footwear for
style-conscious women and men. The Le Château brand is synonymous with ageless
fashion at accessible prices and is sold exclusively through the Company's
218 retail locations, of which 214 are located in Canada and 4 in the New York
City area. The Company's outlets are primarily found in major urban shopping
malls, complemented with high pedestrian-traffic, street-front locations. In
addition, the Company has 8 stores under license in the Middle East.
    The Company's 48-year tradition of vertical integration, a design and
manufacturing approach to retailing, makes it unique among Canadian fashion

For further information:

For further information: Emilia Di Raddo, CA, President, (514) 738-7000;
Johnny Del Ciancio, CA, Vice-President, Finance, (514) 738-7000; Maison
Brison: Rick Leckner, (514) 731-0000; Source: Le Château Inc.

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