2008 Press Release

February 20, 2008

Structal Heavy Steel Construction Secures a CAN$30 M Contract for the Construction of Red Bull Park, the New Home of the New York Red Bulls

(POINT OF ROCKS, MD) – Structal Heavy Steel Construction
(“Structal”) of Point of Rocks, Maryland, a business unit of Canam Group Inc. (TSX: CAM.A), has secured a contract from Hunter Roberts Construction Group, LLC for the design-assist, fabrication and erection of Red Bull Park, the new home of the New York Red Bulls of Major League Soccer (MLS). The contract awarded to Structal Heavy Steel Construction for Red Bull Park, which is currently under construction in Harrison, New Jersey, is worth between $28 and $30 million Canadian.

“This is the fourth stadium Structal Heavy Steel Construction has built in the Greater New York City Area in the last 18 months and, if we look at the bigger picture, one of the 25 sports facilities in North America Structal Heavy Steel Construction has been associated with over the last 10 years,” said Luc Pelland, President of Structal Heavy Steel Construction Steel Construction. “Our commitment to customer satisfaction is clearly the key to our success.”

“We’re delighted to have won this contract, which we did on the strength of our experience in the construction of complex, large-scale projects and our expertise in terms of engineering support and connection design engineering,” added Charlie Watson, President of the U.S. division of Structal Heavy Steel Construction.

The striking design for Red Bull Park requires 54 large, tapered, bent trusses of varying depths to form the roof, a curving structure that will wrap around the entire stadium in a metal shell, shielding all the seats from the elements, while leaving the soccer field uncovered. The trusses, approximately 25 feet (7.6 m) at the deepest point, will extend out 165 feet (50.3 m) towards the field to form the canopy roof.

Fabrication of the structural steel components will begin during the second quarter of 2008 at Canam Group’s St. Gédéon de Beauce, QC, and Point of Rocks, MD, plants. The erection work is scheduled to begin in June and to be completed in early 2009. The new 25,000-seat facility is slated to open in 2009.

Structal Heavy Steel Construction is specialized in major and complex construction projects, while at the same time offering engineering support, design-build and project management services.

Hunter Roberts Construction Group provides construction and project management services for building projects in the New York and Philadelphia metropolitan areas.

The Structal business unit is currently working on New Meadowlands Stadium, home of the New York Giants and New York Jets. This project is set for completion during the fourth quarter of 2008. In 2007, Structal Heavy Steel Construction worked on the construction of two baseball stadiums, also in the New York metropolitan area. These projects will be completed during the first quarter of 2008.

Canam Group is an industrial company operating 12 plants specialized in the design and fabrication of construction products and solutions. The company employs more than 3,000 people in Canada, the United States, Romania and India, and has partnerships with companies in Mexico, France, Saudi Arabia, the United Arab Emirates, Russia and China.

About Red Bull New York: Red Bull New York is one of 14 teams that comprise the top-flight professional soccer league in the United States – Major League Soccer. On the field, the team is led by former Premiership striker Juan Pablo Angel, a finalist for the League’s Most Valuable Player award. Construction is underway on Red Bull Park, a state-of-the-art soccer-specific facility in Harrison, New Jersey, slated to open in 2009. Red Bull New York is also constructing a permanent, state-of-the-art training facility in Hanover, New Jersey, set for completion in December 2008. Red Bull New York is owned by Red Bull GmbH, an Austrian company that produces the world’s leading energy drink.
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A high-resolution picture is available upon request.

Jasmin Gosselin
Vice President, Communications
Tel.: 450-641-4000

Andrew McGowan
Vice President, Communications and Community Relations
New York Red Bulls
Tel: 201-583-7038

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