Liquidation World believes that its common shares are undervalued at current market prices, based on Liquidation World's current earnings and future prospects, and that the repurchase of common shares at current market prices is an appropriate use of corporate funds and should benefit shareholders. Liquidation World has not purchased any of its common shares in the preceding 12 months.

Liquidation World is a liquidator of consumer merchandise through 89 outlets across North America. The Company conducts Auctions of a diverse range of merchandise and equipment in the Calgary and Edmonton, Alberta markets and through on-site auctions across North America. Liquidation World solves inventory problems, in a professional manner, for banks, receivers, insurance companies, manufacturers and other organizations, and is committed to providing its customers with outstanding value over a broad range of merchandise. Liquidation World opened its first outlet in 1986 and is now the largest liquidator in Canada, with more than 1600 employees in outlets across Canada and the U.S.

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For more information, please contact:
Mr. Dale Gillespie, President & C.E.O.
Mr. Andrew Searby, CA, Chief Financial Officer
E-mail: investorinfo@liquidationworld.com
Website: www.liquidationworld.com
Telephone: (403) 250-1222
Fax: (403) 291-1306