NEWS RELEASE


Price increase notice

(Schenectady, NY) December 15, 2006 SI Group-Canada, Ltd. (formerly Schenectady Canada Ltd.) has announced a price increase of US $0.06/lb for all alkyd, oil-free polyester, oil-modified urethane and uralkyd resins on shipments on or after January 15, 2007.

This adjustment is primarily due to the increased costs of energy, raw materials and distribution.

SI Group-Canada, Ltd. is a producer of high quality resins for the Coatings Industry. SI Group is a global chemical manufacturer with over 19 operations in 13 countries.   For more information visit www.siigroup.com .