The North West Company Inc.

The North West Company Inc.

December 07, 2006 17:18 ET

Update to Press Release Issued Earlier Today: North West Company Fund Reports 2006 Third Quarter Earnings and Declares a Regular and Special Distribution

WINNIPEG, MANITOBA--(CCNMatthews - Dec. 7, 2006) - North West Company Fund (TSX:NWF.UN): In the third quarter press release issued earlier today, there is an inconsistency in the amount and timing of the special distribution. The special distribution is estimated to be $0.07 per unit to unitholders of record on December 31, 2006, distributable by February 23, 2007 not $0.05 per unit distributable on February 22, 2007 as reported in the press release.

The North West Company Inc. (NWC) is a leading retailer of food and everyday products and services to rural communities and urban neighborhoods across Canada and Alaska. NWC operates 200 stores under a number of trading names, including Northern, NorthMart, Giant Tiger and AC Value Center, and provides catalogue shopping services through its Selections catalogue in northern Canada.

The units of the Fund trade on the TSX Toronto Stock Exchange under the symbol "NWF.UN".

Contact Information

  • The North West Company
    Edward Kennedy
    President & CEO
    (204) 934-1482
    (204) 934-1317 (FAX)
    Email: ekennedy@northwest.ca
    or
    The North West Company
    Leo Charriere
    Executive Vice-President, and CFO
    (204) 934-1503
    (204) 934-1455 (FAX)
    Email: lcharriere@northwest.ca
    or
    The North West Company
    John King
    Vice-President, Finance & Secretary
    (204) 934-1397
    (204) 934-1455 (FAX)
    Email: jking@northwest.ca
    Website: www.northwest.ca