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Samuel Manu-Tech completes going private transaction

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Samuel Manu-Tech Inc. (Special Committee)

On September 9, 2010, the shareholders of Samuel Manu-Tech Inc. (TSX - SMT) overwhelmingly passed a special resolution to approve the amalgamation of the company with a wholly-owned subsidiary of Samuel, Son & Co. Limited. Following the meeting, the amalgamation was completed and the company became a wholly-owned subsidiary of Samuel, Son & Co. Limited and the common shares of Samuel Manu-Tech will be de-listed from the TSX. Samuel Manu-Tech is a leading North American industrial products and technology company producing and distributing a wide range of steel, plastic and related industrial products and services from locations in Canada, United States and Mexico. Samuel, Son & Co., Limited is the fifth largest metal service centre and the largest privately held metal service centre in North America, with locations across both Canada and the United States, as well as locations in Mexico, the United Kingdom, Australia and China. The special committee of Samuel Manu-Tech was advised in this transaction by Aaron Atkinson and William Orr of Fasken Martineau.



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