Herschel Segal enters into shareholders' agreement with Jane Silverstone Segal

    MONTREAL, Sept. 10 /CNW Telbec/ - Herschel Segal, founder and a directorof Le Château Inc. (TSX:CTU.A) ("Le Château") announced today that he hasentered into a shareholders' agreement with Jane Silverstone Segal, theChairman and Chief Executive Officer of Le Château, in respect of theirholdings in the Company. Among other matters, the shareholders' agreementrestricts each party's ability to dispose of Class A Shares or Class B Shares,as applicable, of Le Château. In addition, pursuant to the shareholders'agreement, each party has conferred upon the other certain rights of firstrefusal and rights of first offer as detailed therein. The agreement alsorequires the conversion of Class B Shares into Class A Shares by Mr. Segal inthe event of a sale of shares by him to a third party. A complete copy of theshareholders' agreement has been filed with the Canadian securities regulatoryauthorities on SEDAR and may be viewed under the Company's profile atwww.SEDAR.com.    Herschel Segal currently owns or controls, directly or indirectly 2,280Class A subordinate voting shares, representing approximately 0.01% of suchclass of shares and 4,400,000 Class B Shares, representing approximately 96.5%of such shares. Mr. Segal may, in the ordinary course, acquire ownership orcontrol of additional shares or otherwise trade in securities of Le Châteaufor investment purposes.