NEWS RELEASE

Price Increase Notice 

(Schenectady, NY) July 9,2007 SI Group-Canada, Ltd.has announced a price increase of US$0.05 - 0.07/lb for all alkyd, oil-free polyester, oil-modified urethane and uralkyd resins on shipments on or after August 1, 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 20 operations in 13 countries.  For more information visit www.siigroup.com