True North Corporation
TSX VENTURE : TN

True North Corporation

November 24, 2006 17:10 ET

True North Corporation: Correction

MISSISSAUGA, ONTARIO--(CCNMatthews - Nov. 24, 2006) - True North Corporation - The Return On Ideas Company™ (TSX VENTURE:TN) ("TNC" or the "Company") - today announced that at the request of the Ontario Securities Commission, the Company has refiled with Canadian securities regulatory authorities, its Management's Discussion & Analysis for the Year Ended December 31, 2005 to include a discussion on Disclosure Controls and Procedures, as well as Form 52-109F - Certification of Annual Filings of Mark Anthony President originally dated May 1, 2006, and Form 52-109F - Certification of Annual Filings of Marie Peri Vice-President Finance originally dated May 1, 2006, through the System for Electronic Document Analysis and Retrieval ("SEDAR").

The original filings referred to above should be disregarded by the reader from the date of this notice as they have been superseded by filings through SEDAR, dated November 24, 2006 of a replacement Management's Discussion & Analysis for the Year Ended December 31, 2005 and replacement Certifications of Annual Filings for each of Mark Anthony and Marie Peri.

This news release may contain certain forward-looking statements that are subject to known and unknown risks and uncertainties. TNC makes no assurance that these forward-looking statements, denoted by words such as "expect", "should" and other similar qualifiers, will prove to be accurate and cautions readers to review the risks and uncertainties sections of its recent filings with securities administrators.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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