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SAINT-LAURENT, Montreal--(BUSINESS WIRE)--July 9, 1998-- (ME:KBN.) Cabano Kingsway, a Canadian transport industry leader, announces that it has acquired all the shares of Transport M. Courchesne inc. of Drummondville, a company specializing in transport of bulk merchandise.

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"The acquisition of Transport M. Courchesne inc. joins the acquisitions of Transport Super RapFake Breguet Watcheside in September 1997, and Transport Lebon in March 1998, in strengthening our position as one of the major players in the bulk transport industry in eastern Canada," says Alain Bedard, president and chief executive office of Cabano Kingsway.

CanaAudemars Piguet Watchda Kingsway will continue to operate its new subsidiary under the same name. According to the terms of the agreement, Marcel Courchesne will stay on to manage Transport M. Courchesne inc., which operates mainly in Quebec and Ontario. Cabano Kingsway will also maintain all current jobs. The yearly sales of TransportGucci Watches M. Courchesne are approximately $1 million, and its fleet numbers almost 25 tractors and tankers.

Cabano Kingsway, one of the largest transport companies in Canada, plays a leading role in the markets of eastern Canada. Its network includes over 40 regional terminals locatedMovado Replica in Ontario, Quebec, New Brunswick and Nova Scotia. The Company covers the U.S. territory through strategic alliances it has formed with various partners.

The common share of Cabano Kingsway Inc. are traded on the Montreal Stock Exchange (KBN).

    CONTACT:  Cabano Kingsway               Alain Bedard, 514/856-7500                              or               Opsis Communications & Marketing Inc.               Jean-Louis Dufresne, 514/393-8998               

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SAINT-LAURENT, Quebec--(BUSINESS WIRE)--Feb. 25, 1998--CABANO KINGSWAY (ME:KBN.) Cabano Kingsway Inc., a Canadian transport industry leader, announces that it has reached an agreement in principle concerning tHublot Replica Watchhe acquisition of the shares of Transport Lebon Inc. of Jonquiere, which specializes in bulk merchandise transport.

Cabano Kingsway plans to continue, under the same name, Transport Lebon Inc. operations, which are carried out mainly in Quebec, Ontario and the northeastern United States; it will also maintain all current jobs. Mr. Junior Roy, of Transport LeReplica Mont Blanc Watchesbon Inc., will continue to manage the new Cabano Kingsway subsidiary. According to the terms of the agreement, Transport Lebon Inc. remains an independent entity and will be considered a subsidiary of Cabano Kingsway.

When finalized, the transaction will allow Cabano Kingsway to increase its annual revenue from the transport of bulk merchandise by approximately $2.5 million. It is also adding 24 tractor- trailers and tankers to its existing fleet consisting of over 110 units.

Fashion Louis Vuitton handbags "This acquisition fully supports our strategy to play a key role in bulk merchandise transport in eastern North America. We foresee annual bulk merchandise transport revenue approachingBreitling Replica Watches $10 million by the end of 1998," says Alain Bedard, President and CEO of Cabano Kingsway.

Cabano Kingsway and its subsidiaries play a major role in the markets of eastern Canada and the northeastern United States. The Company is one of the largest transport companies in Canada. Its network includes 44 regional branches located in Ontario, Quebec, the Maritime Provinces and five U.S. states.

The commoChopard Fake Watchesn shares of Cabano Kingsway Inc. are traded on the Montreal Exchange (KBN).

EDITOR'S NOTE: There is an "at" symbol following "montreal" in the e-mail address below. This symbol may not appear properly in some systems.

CONTACT: Opsis Communication & Marketing Inc.

Jean-Louis Dufresne, 514/393-8998

or

Cabano Kingsway

Alain Bedard, 514/332-4341

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