cancellation up to 1,458,624 Class B Subordinate Voting Shares, representing 5%
of Dorel's issued and outstanding Class B Subordinate Voting Shares. The
purchases will be made over a twelve-month period commencing March 20, 2009 and
ending March 19, 2010.
The purchases by Dorel will be effected through the
facilities of the Toronto Stock Exchange and will be made at the market price
of the Class B Subordinate Voting Shares at the time of the purchase. As at
March 10, there were 29,172,482 Dorel Class B Subordinate Voting Shares issued
and outstanding.
Dorel's brands include Safety 1st, Quinny, Cosco, Maxi-Cosi
and Bebe Confort in Juvenile, as well as Cannondale, Schwinn, GT, Mongoose and
SUGOI in Recreational/Leisure. Dorel's Home Furnishings segment markets a wide
assortment of furniture products.