PRESS RELEASES - 2003

NOVEMBER 27, 2003
Tri-White Corporation (TSX: TWH) announced today that it has completed the previously announced purchase of 3,080,000 common shares (representing approximately 35% of the outstanding common shares) of MFP Financial Services Ltd. (the "Shares") from a wholly-owned subsidiary of Morguard Corporation ("Morguard”) for aggregate consideration of $23,870,000 ($7.75 per Share), $11,935,000 of which was paid in cash at closing with the remaining $11,935,000 being satisfied by the delivery at closing of a promissory note bearing interest at a rate of 6% per annum, calculated and payable semiannually in arrears, and maturing on January 12, 2006.

AUGUST 21, 2003
Tri-White Corporation (the “Company” ,TSX: TWH) today announced its financial results for the second quarter ended June 30, 2003 and quarterly dividend of $0.06 per share. The regular quarterly dividend has increased from $0.03 per share as a result of the share consolidation announced August 14th.

AUGUST 12, 2003
Tri-White Corporation (TSX: TWH) (the "Company") announced today the completion
of the consolidation of its issued and outstanding common shares on a basis of two (2)
pre-consolidation common shares for one (1) post-consolidation share. The proposed
consolidation was approved by the shareholders of the Company at the Company's
annual and special meeting of shareholders on June 12, 2003 (the "Meeting"). All
materials necessary to effect the share consolidation have been filed and trading of the
common shares of the Company on a consolidated basis on the Toronto Stock Exchange
will commence on Thursday, August 14, 2003. The common shares of the Company
will continue to trade on the TSX under the symbol TWH.

MAY 26, 2003
Tri-White Corporation (the “Company”, TSX: TWH) today announced its financial results for the first quarter ended March 31, 2003 and quarterly dividend of $0.03 per share.

APRIL 24, 2003
Tri-White Corporation (the “Company”, TSX: TWH) announces that materials related to the annual and special meeting of shareholders to be held on May 26, 2003 will be mailed to shareholders today. In addition to regular annual meeting matters, shareholders will also be asked at the meeting to confirm the repeal of the Company’s current By-laws, the adoption of a new By-law, and to approve, by special resolution, the implementation (subject to the receipt of all regulatory approvals) of a one-for-two share consolidation of its outstanding common shares.

MARCH 27, 2003
Tri-White Corporation (the “Company”, TSX: TWH)
today announced its financial results for the year ended December 31, 2002.

FEBRUARY 28, 2003
Tri-White Corporation (the “Company”, TSX: TWH) announced today that its Board declared a $0.03 per share quarterly dividend on its common shares payable on March 31, 2003 to
shareholders of record as at March 12, 2003.

JANUARY 16, 2003
Tri-White Corporation (the “Company”, TSX: TWH) announced today that its offer to
purchase all of the common shares and 6% convertible debentures (the “Debentures”) of
ClubLink (the “Offer”) expired in accordance with its terms at 9:00 p.m. (Toronto time)
yesterday. Approximately 805,425 common shares and $1,906,000 principal amount of
Debentures have been deposited under the Offer.


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