Triangle Multi-Services Corporation Announcement

    TORONTO, June 23 /CNW/ - Triangle Multi-Services Corporation (the
"Corporation", "TTTM") wishes to announce that there are ongoing negotiations
and a draft letter of intent for the purchase of 7,623,985 shares of the
aggregate issued capital of 14,960,003 shares of TTTM plus an additional
2,510,000 shares that will bring the outstanding stock up to 17,470,003, with
the share purchase scheduled to close in escrow on June 26, 2008.

    Triangle Multi-Services Corporation trades on the CNQ under the symbol

    This release may contain forward-looking statements that involve
uncertainties and risks. Actual results may differ materially from the results
predicted. Important factors which could cause actual results to differ
materially from those expected or implied in the forward-looking statements as
detailed in filings with the Ontario Securities Commission made from time to
time by Triangle Multi-Services Corporation. Triangle Multi-Services
Corporation undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the date

    %SEDAR: 00009855E

For further information:

For further information: Pierre Charron, telephone no. (514) 879-1999

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