Clarke Inc.TSX: CKI

Clarke Announces Appointment of New Director

· Issued by Clarke Inc. via CNW

TSX: CKI, CKI.DB; CKI.DB.A

HALIFAX, Aug. 6 /CNW/ - The Board of Directors of Clarke Inc. ("Clarke") announced today that Marie Mullally has been appointed to Clarke's Board. Currently the President and Chief Executive Officer of Nova Scotia Gaming Corporation, Ms. Mullally is also a member of a number of public sector, private and not for profit boards.

George Armoyan, Executive Chairman of Clarke, said "I am delighted to welcome Marie Mullally to the Clarke Board. Given her breadth of experience in management and financial matters she will be a strong addition".

Prior to joining Nova Scotia Gaming Corporation, Ms. Mullally held several senior positions within Nova Scotia's public sector, including the Registrar of Motor Vehicles and the creator of the Access Nova Scotia service delivery model.

Ms. Mullally has received both Bachelor of Commerce and Master of Business Administration degrees - where she ranked first in her class of 100 graduates - from Dalhousie University. In 2007 Ms. Mullally was named a fellow of the Institute of Chartered Accountants in Nova Scotia and in 2008 the Institute named Ms. Mullally Chartered Accountant of the Year.

About Clarke

Halifax-based Clarke Inc., led by an entrepreneurial team of investment professionals, is an activist and catalyst investment company that creates shareholder value by identifying businesses with the potential for improved performance, and working actively to uncover the value.

Clarke's securities trade on the Toronto Stock Exchange (CKI, CKI.DB, CKI.DB.A); for more information about Clarke Inc., please visit our website at www.clarkeinc.com.

Note on Forward Looking Statements

This press release may contain or refer to certain forward-looking statements relating, but not limited to, the Company's expectations, intentions, plans and beliefs with respect to the Company. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "does not expect", "is expected", "budget", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or equivalents or variations, including negative variations, of such words and phrases, or state that certain actions, events or results, "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. Forward-looking statements include, without limitation, those with respect to the composition of the Board of Directors of Clarke. Forward-looking statements rely on certain underlying assumptions that, if not realized, can result in such forward-looking statements not being achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.

Although the Company has attempted to identify important factors that could cause actual actions, events or results or cause actions, events or results not to be estimated or intended, there can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Other than as required by applicable Canadian securities laws, the Company does not update or revise any such forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events. Accordingly, readers should not place undue reliance on forward-looking statements.

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