Groupe Bikini Village inc.
TSX : GBV

Groupe Bikini Village inc.

June 14, 2007 18:23 ET

Groupe Bikini Village Shareholders Elect New Board of Directors

BOUCHERVILLE, QUEBEC--(Marketwire - June 14, 2007) - On Thursday June 14, 2007 at the Annual General Meeting of the Shareholders of Groupe Bikini Village inc. (TSX:GBV), held at Hotel Mortagne located at Boucherville, the shareholders elected a new Board of Directors.

The new Board of Directors is comprised of the following members:

- Paul Delage Roberge

- Jeff Larsen

- Scott Leckie

- Melinda M. Lee

- Joe Marsilii

- Mardiros Ounanian

Previously, at the Company's Board meeting held on Wednesday June 13, 2007, Mrs. Sylvie Lalande, Mr. Jean Desmarais and Mr. Richard Soly resigned from the Board of Directors. The Company wishes to thank each of them for their attentiveness, devotion and their vision, which has benefited the Company.

ABOUT GROUPE BIKINI VILLAGE INC.

Groupe Bikini Village inc.'s swimwear division operates 58 swimwear boutiques in Quebec and Ontario under the Bikini Village and Ocean Bikini Village banners. The company employs approximately 480 people.

FORWARD LOOKING STATEMENTS

This news release contains certain forward-looking statements concerning our future operations, economic performances, financial conditions and financing plans. These statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments as well as other factors we believe are appropriate in the circumstances. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks, uncertainties and assumptions. Consequently, all of the forward-looking statements made in news release are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to or effects on us.

We undertake no obligation and do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.

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