Shermag Inc. announces change to Board of Directors

    SHERBROOKE, QC, March 14 /CNW Telbec/ - Shermag Inc. (TSX: SMG) today
announced that Mr. Arthur P. Earle has resigned from the Board of Directors
and has been replaced by Ms. Melinda M. Lee, effective as of today. Ms. Lee is
the Vice-President, Investments for Clarke Inc., a publicly traded diversified
holding company listed on the Toronto Stock Exchange with investments in both
public and private entities. Prior to joining Clarke Inc. in May 2006, Ms. Lee
was the Vice-President of Geosam Investments Limited for three years following
seven years of public accounting experience. Ms. Lee holds a Bachelor of
Business Administration from St. Francis Xavier University and obtained her CA
designation in 1999. Ms. Lee also serves on the boards of Royal Host Reit,
General Donlee Income Fund and Exceed Energy Inc. Clarke Inc. currently owns
approximately 18% of the outstanding shares of Shermag Inc.
    "In the name of the members of the Board, I would like to take this
opportunity to express our sincere appreciation to Mr. Earle for his
invaluable contribution, dedication and years of service as a director",
stated Mr. Jeff Casselman, President and CEO of Shermag Inc. "The Company will
greatly benefit from Melinda Lee's expertise and experience and we look
forward to working with her", added Mr. Casselman.


    Shermag Inc. (SMG), headquartered in Sherbrooke, Québec, is a leader in
the design, production, marketing and distribution of high-quality residential
furniture. The Company employs nearly 1300 people and is a vertically
integrated manufacturer and importer with its own cutting rights, sawmill,
veneer plant, manufacturing operations and global sourcing division.

For further information:

For further information: Investor Relations: Maison Brison: Rick
Leckner, (514) 731-0000; Shermag Inc.: Jeff Casselman, President and CEO,
(819) 566-1515

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