TRI-WHITE CORPORATION ANNOUNCES
EXECUTIVE APPOINTMENTS
December 28, 2007

Tri-White Corporation (TSX: TWH)

Toronto, Ontario

Tri-White Corporation (“Tri-White”) today announced the appointment of Robert Wright as Chief Financial Officer. Mr. Wright, a graduate of McMaster University’s Bachelor of Commerce program, holds a C.A. designation. Mr. Wright is currently Chief Financial Officer of Renasant Financial Partners Ltd., and brings more than 25 years experience in finance, tax and accounting to Tri-White.

He replaces Donald Turple, who, after eight years as CFO, moves into the new position of Vice President, Corporate Development.

Rai Sahi, Chief Executive Officer stated, “We are pleased to announce these appointments as we add management strength to the organization. Over Tri-White’s ten year history, we have experienced solid growth in the underlying value of our investments, and have been able to sustain a meaningful cash dividend. We look forward to growth in our business units and continued success.”

Tri-White Corporation holds a diverse merchant banking portfolio. Tri-White is the largest shareholder, with a 70% interest, in ClubLink Corporation, Canada’s leading owner, operator and developer of high quality member golf clubs, daily fee golf clubs and golf resorts with 40 properties in Canada. As well, Tri-White is the largest shareholder of Renasant Financial Partners Ltd. and owns a 100% interest in the historic White Pass & Yukon Route Railway, including strategic holdings in the port operations and supporting excursions, based in Skagway, Alaska.

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For further information
K. Rai Sahi, Chief Executive Officer,
Tel: (905) 281-3800,
Fax: (905) 281-5890,
e-mail: rsahi@morguard.com