Andlauer Management Group Inc.

October 24, 2005 19:38 ET

Andlauer Management Group Increases its Investment in Clarke Inc.

TORONTO, ONTARIO--(CCNMatthews - Oct. 24, 2005) - Andlauer Management Group Inc. ("AMG"), a corporation controlled by Michael Andlauer, announces that it has acquired 200,000 shares (approximately 3% of the outstanding shares) of Clarke Inc. ("CKI"), increasing AMG's holdings to 623,344 shares, representing approximately 9.4% of the outstanding shares of CKI. Mr. Andlauer owns 180,500 shares of CKI directly, representing approximately 2.7% of the outstanding shares of CKI. In aggregate, Mr. Andlauer and AMG own 803,844 shares of CKI, representing approximately 12.1% of the outstanding shares of CKI.

The purchase of the shares of CKI was made through the facilities of the Toronto Stock Exchange for investment purposes. Each of AMG and Mr. Andlauer may from time to time acquire additional shares of CKI, dispose of some or all of the existing or additional shares of CKI, or continue to hold the shares of CKI in the normal course of their investment activities.

Contact Information

  • Andlauer Management Group Inc.: Michael Andlauer
    Suite 600, 190 Atwell Drive
    Etobicoke, Ontario M9W 6H8
    (416) 798-1379