The Goldfarb Corporation announces short-term investment repayment delayed

    TORONTO, Aug. 17 /CNW/ - The Goldfarb Corporation (NEX:GDF.H) -
    The Goldfarb Corporation (the "Corporation") announced today that it is
currently holding three separate matured asset-backed commercial papers
totaling $17.094 million that have not been paid out and remain outstanding.
All of these securities are administered by Coventree Capital. Dominion Bond
Rating Service Limited had and continues to rate these investments as R-1
High. The balance of the Corporation's investments of approximately $14.0
million are invested in highly rated liquid instruments with large financial
institutions and public corporations. Management will continue to monitor the
situation and will make further announcements as circumstances develop.

    %SEDAR: 00002535E

For further information:

For further information: Ms. Karen Killeen, Chief Financial Officer at
(416) 928-3710

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