April 30, 2009 05:07 ET

Groupe Aeroplan Inc. announces closing of additional offering of 9% Senior Secured Notes Series 1 due 2012

    MONTREAL, April 30  - Groupe Aeroplan Inc. (the
"Corporation") announced today the successful closing of its public offering
of an additional $25 million aggregate principal amount of 9% Senior Secured
Notes Series 1 maturing on April 23, 2012 (the "Notes"). The Notes are part of
the same series of 9% Senior Secured Notes Series 1 due 2012 as previously
offered under the Corporation's prospectus supplement dated April 14, 2009.
Following closing of the offering today, the Corporation has $200 million
aggregate principal amount of Notes issued and outstanding.
    The offering of the Notes was made through CIBC World Markets Inc.
    Net proceeds from the offering have been used to prepay a portion of the
amended and restated bridge facility of the Corporation entered into on June
25, 2008 and which matures (prior to the exercise of any extension options) on
June 19, 2009.

    About Groupe Aeroplan Inc.

    Groupe Aeroplan Inc. is a leading international loyalty management
corporation. Groupe Aeroplan owns Aeroplan, Canada's premier loyalty program
and Nectar, the United Kingdom's leading coalition loyalty program. In the
Gulf Region, Groupe Aeroplan owns 60 per cent of Rewards Management Middle
East, the operator of Air Miles programs in the United Arab Emirates, Qatar
and Bahrain. Groupe Aeroplan also operates LMG Insight & Communication, a
customer-driven insight and data analytics business offering worldwide
services to retailers and their suppliers.
    For more information about Groupe Aeroplan, please visit

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