WCE Holdings Inc. Exploring Strategic Alternatives

WCE Holdings Inc. announced today that it is exploring strategic alternatives to maximize the value of the company's shares, including proposals involving the possible divestiture of all of the company's outstanding shares. As part of that process, the Board of Directors has formed a special committee of the Board to review and advise on these alternatives. Deutsche Bank Securities Inc. is providing financial advisory and investment banking services to WCE Holdings in connection with this mandate.

WCE Holdings Inc. stated that there can be no assurance that the exploration of strategic alternatives will result in any agreements or transactions. WCE Holdings Inc. does not intend to disclose developments with respect to the exploration of strategic alternatives unless and until its Board of Directors has approved a definitive agreement or transaction.

WCE Holdings Inc. is the parent company of Winnipeg Commodity Exchange Inc., WCE Clearing Corporation and Canadian Climate Exchange Inc.

Winnipeg Commodity Exchange Inc., established in 1887, has been facilitating futures contract trading since 1904. WCE is Canada's only agricultural futures and options exchange and North America's first fully electronic commodity exchange. WCE offers futures and options contracts on canola, domestic feed wheat, and western barley.