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Strategies & Market Trends : Ride the Tiger with CD

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From: Rocket Red4/3/2012 9:09:59 PM
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Rona says it is not for sale

2012-04-03 21:07 ET - News Release
Shares issued 123,164,820
RON Close 2012-04-03 C$ 10.48



Mr. Michelle Laberge reports

RONA COMMENTS ON UNUSUAL TRADING ACTIVITY

In light of unusual trading activity and a significant increase in the Rona Inc. share price following comments made earlier today by Robert Hull, chief financial officer of Lowe's Companies Inc., Rona affirms that it is not for sale, and that it is not presently of the view that a combination with another corporation would be in the best interests of Rona and its stakeholders. Rona remains focused on the execution of its 2012 business plan announced on Feb. 23, 2012, including the launch of a new proven proximity store concept with an average area of 35,000 square feet and its deployment in 20 per cent of the Rona corporate store network.

We seek Safe Harbor.
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