Fondation Fer De Lance Sponsors

MONTREAL, August 2, 2011 - Jean-Claude Vachon, a long time Sponsor of Fondation Fer de Lance (FFDL), and representing the Sponsors of FFDL ("The Group of Sponsors") after proper consultation with them, declared: "The Group of Sponsors was stupefied to say the least by the nature of the allegations of the AMF in its press release of July26,2011 relating to FFDL and in respect to a number of its representations." The Group of Sponsors continues its long term fight against the Qubec Autorit des marchs financiers (AMF) to recover their capital deposited in trust, which are still currently held in security in trust with the Montreal Law Firm: Lapointe Rosenstein Marchand Melanon.