Russell Breweries Inc. Announces Record Date and Amount of Return of Capital - Seite 2

The Return of Capital will be made in accordance with the "due bill" trading procedures of the TSX Venture Exchange. The purpose is to have traded shares carry the value of the Return of Capital until it is paid. A due bill will notionally represent the Return of Capital of CAD$0.05 per Russell Share a holder of a Russell Share is entitled to receive. A due bill will attach to each Russell Share traded from the second trading day before the record date for the Return of Capital until the Payment Date, being the date the Return of Capital is paid. During this due bill trading period, any trade of Russell Shares on the NEX board of the TSX Venture Exchange will trade on a "due bill basis", meaning a seller of Russell Shares will also sell to the purchaser the entitlement to the Return of Capital (which is represented by the due bill attached to each Russell Share sold). The due bill period for the Return of Capital will be March 31, 2017 to April 14, 2017. Anyone acquiring the Russell Shares up to and including April 14, 2017 will be entitled to receive the Return of Capital. The Russell Shares will commence trading on an ex-distribution basis (without an attached "due bill" entitlement) effective from the opening of trading on April 17, 2017, the next trading day following the Payment Date. The due bill redemption date will be April 19, 2017 (the second trading day after the ex-distribution date, when all trades with due bills attached have settled).

Shareholders do not need to take any action. Computershare Investor Services Inc., the Company's transfer agent, will send to registered shareholders funds representing the return of capital and beneficial shareholders will have their brokerage accounts automatically updated to reflect the Return of Capital.

Eligible shareholders are strongly cautioned to consult with their financial, broker, legal, tax and/or investment advisors regarding any matters pertaining to the Return of Capital and the tax consequences associated therewith.

About Russell Breweries Inc.

Russell Breweries Inc. was a leading Western Canadian brewer that brewed, marketed, sold and distributed a diverse portfolio of award winning beers which has now sold substantially all of assets and does not have any current operations. Russell Breweries Inc. is publicly listed on the NEX board of the TSX Venture Exchange (NEX BOARD: RB.H).