Tri-White Corporation announces executive appointments

    Stock Symbol: (TSX: TWH)

    TORONTO, Jan. 26 /CNW/ - Tri-White Corporation ("Tri-White") today
announced the appointment of Robert Visentin as Chief Financial Officer. Mr.
Visentin is currently Chief Financial Officer of ClubLink Corporation and
brings many years of public company financial management experience to the
    He replaces Robert Wright who moves into the new position of Vice
    Rai Sahi, Chief Executive Officer stated, "With these appointments we add
to the management strength and expertise at Tri-White. We are pleased with
Robert's addition to our team as we look forward to growth in our business
units and continued success."

    Tri-White Corporation holds a diverse merchant banking portfolio.
Tri-White is the largest shareholder, with approximately a 72% interest, in
ClubLink Corporation, Canada's leading owner, operator and developer of high
quality member golf clubs, daily fee golf clubs and golf resorts in Canada. As
well, it owns a 100% interest in the historic White Pass & Yukon Route
Railway, including strategic holdings in the port operations and supporting
excursions, based in Skagway, Alaska.

For further information:

For further information: K. Rai Sahi, Chief Executive Officer, Tel:
(905) 281-3800, Fax: (905) 281-5890, e-mail:

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