Braman Furniture International Ltd.

Bankruptcy Proceedings

On February 12, 2008, Braman Furniture International Ltd. (“Braman”) filed an assignment in bankruptcy.  Hardie & Kelly Inc. was appointed as Trustee of the bankrupt estate.

• Notice of Bankruptcy and First Meeting of Creditors
• Statement of Affairs
• Proof of Claim Form and Proxy

Receivership Proceedings

On February 11, 2008, Ernst & Young Inc. were appointed as Receiver of Braman (the “Receiver”).  The Receiver will be realizing on the assets of Braman pursuant to its appointment under a registered general security agreement.  The contact person with respect to the Receivership proceedings is Mr. Orest Konowalchuk, of Ernst & Young Inc., who can be reached at (403)206-5698