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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII)

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To: Scott Mc who wrote (106)8/7/1998 9:26:00 AM
From: JOE TURMAINE  Read Replies (2) of 406
 
Scott, last trade was at $0.57 and no bid right now. Maybe more & continued news like this might help matters.
>>MOND ANNOUNCES $10 MILLION IN NEW ORDERS

TORONTO, ONTARIO--
Mond Industries Inc. announced today the receipt of purchase
orders totaling more than $10 million for dry freight vans,
refrigerated units and container chassis.

Pat DiLillo, President and CEO, said the orders demonstrate the
continuing strength in the trailer market. The orders were
placed by a new customer, Penske Truck Leasing, and existing
customers such as Xtra Lease, Transport International Pool (TIP),
Thomson Terminals Group, Day & Ross Inc., Manitoulin Transport,
Trac Lease, Armour Transportation System, Kruger Inc. and SLH
Transport Inc.

Mond's current order book stands at more than $30 million.

Mond is Canada?s largest manufacturer of domestic intermodal
containers for the truck/rail transportation sector and designs,
manufactures, services and repairs an extensive line of standard
and customized trailers, trailer chassis, dry freight vans,
refrigerated and heated vans, and truck bodies. Mond sells its
products in Canada using its own sales force and through a
nationwide dealer network.

The Company's shares trade on the Toronto Stock Exchange under
the symbol MII.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Olav Svela or Jon W. Kieran Investor Relations (416) 868-1079
Hume, Kieran Inc.

Denis Arsenault, Chief Financial Officer (905) 565-9500
Mond Industries Inc.
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