OFFICIAL PRESS RELEASE

Will Cook, president of Belfor Property Restoration Canada, is pleased to announce the acquisition of Hickman Mount Reconstruction Inc.

Hickman Mount is a full service restoration firm based in London ON. Mike Hickman and his staff have been providing a wide range of disaster recovery services to insurance companies, government and private organizations for the past 20 years.

Mike Hickman will be the General Manager of the London operation, bringing over 25 years of construction and restoration experience. Adam Scherba will continue his regional leadership role over London, Strathroy and Stratford. This strategic acquisition will further solidify Belfor's enhanced technical capabilities in Southwest Ontario to serve our insurance partners in providing best in class service.

Will Cook states that “Mike and his staff share our values regarding business practices and a customer first attitude. This acquisition will solidify Belfor's presence in the Southwestern Ontario market and help us provide a wider range of services including a state of the art contents processing center.”

Adam Scherba states that "Hickman Mount have been great competition for us for many years and together, we will bring best in class service to the London market and surrounding areas. I am very excited about what the future holds for us and the opportunities we will be able to create for our staff."

Belfor is the worldwide leader in disaster recovery services. Belfor has 34 full service locations across Canada with over 1,200 employees.