Ms. Julie Demers reports

MANAC ANNOUNCES RECEIPT OF FINAL COURT APPROVAL FOR PRIVATIZATION BY A GROUP OF QUEBEC INVESTORS LED BY THE DUTIL FAMILY

The Quebec Superior Court has issued a final order approving the previously announced statutory arrangement under the Business Corporations Act (Quebec), pursuant to which a consortium (composed of Placements CMI Inc., Caisse de depot et placement du Quebec, Fonds de solidarite FTQ, Investissement Quebec and Fonds Manufacturier Quebecois II sec) will indirectly acquire all of the issued and outstanding multiple voting shares and subordinate voting shares of the company for a cash consideration of $10.20 per share.

It is currently anticipated that the arrangement will be completed on Oct. 7, 2015, subject to the satisfaction or waiver of the conditions precedent to the arrangement. Further details regarding the arrangement are set out in the management information circular dated Aug. 28, 2015, which is available under the profile of Manac on SEDAR.

We seek Safe Harbor.