Hawker Siddeley Canada Inc.

Hawker Siddeley Canada Inc. was acquired by Glacier Media, Inc. In May 2001, Hawker Siddeley Canada, Inc. recommended its shareholders for the voluntary liquidation and dissolution of the company. In August 2001, Hawker Siddeley entered into an agreement with Coastal Investments, Inc. and Winnipeg Supply Investment Corp. (Offerors), pursuant to which the offerors have agreed to make an offer to acquire 100% of the outstanding common shares of the company at a cash price of $ 0.72 per share. Hawker Siddeley Canada, Inc.’s remaining business activity was the continuance of its pension plan wind-up program, as of December 31, 2000. It had three pension plans - the former salaried staff pension plan and two union pension plans still awaiting the distribution of the surpluses in these plans.