PLM Group provides update on strategic review process

    TSX: PGL

    MARKHAM, ON, Aug. 14 /CNW/ - PLM Group Ltd. (PLM) provided an update
today on the strategic review process that it had previously disclosed. PLM
announced that it has, following a robust auction process, entered into
exclusive discussions with an undisclosed potential purchaser. At this time,
no agreement in respect of the acquisition of PLM has been reached between the
potential purchaser and PLM. There can be no assurance that the current
discussions will result in any transaction and no further comment will be
forthcoming unless the circumstances warrant.

    About PLM Group

    PLM Group Ltd. (TSX: PGL) is one of Canada's largest commercial printers
providing single source web and sheet-fed print, visual, graphics and display
services to leading companies in a number of industries, including retail,
consumer products, financial services, automotive, pharmaceutical, healthcare
and communications. Visit the Company's web site at

For further information:

For further information: Peter Bradley, C.A., Executive Vice President
and Chief Financial Officer, (416) 848-8530, Email:

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