DBRS Discontinues Rating on Saskatchewan Wheat Pool Inc.’s Senior Subordinated Notes

Dominion Bond Rating Service (“DBRS”) has discontinued the rating of Saskatchewan Wheat Pool Inc.’s (“SWP”) Senior Subordinated Notes.

On May 5, 2006, SWP announced that it redeemed in full Cdn$150 million of 12% Senior Subordinated Notes, which were formerly due November 29, 2008. The total redemption price of the Senior Subordinated Notes including principal, premium, and accrued interest was Cdn$153,345,000. SWP used cash generated from a Cdn$100 million 8% Senior Unsecured Notes offering that closed on April 6, 2006, a Cdn$50.25 million Common Share offering that closed on April 5, 2006, and working capital.