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December 12th, 2014, "Companies") 50.4(1)
December 15, 2014 Estate Nos. 32-1942339,32-1942340 & 32-1942341 Court Nos. 32-1942339,32-1942340 & 32-1942341 To the Creditors of Karrys Bros., Limited, Karbro Transport Inc. and Karrys Software Ltd. Please note that on December 12th, 2014, Karrys Bros., Limited, Karbro Transport Inc. and Kariys Software Ltd. (collectively "Karrys" or the "Companies") each filed a Notice of Intention to Make a Proposal (the "NO!") pursuant to Section 50.4(1) of the Bankruptcy and Insolvency Act (Canada) ("BIA") and PricewaterhouseCoopers Inc. ("PwC") was named as trustee under the NOIs (the "Proposal Trustee"). A copy of the NOT and the list of creditors with amounts owed of $250 or more are enclosed and are being sent to each known creditor of each of the Companies by the Proposal Trustee. The creditor list is preliminary and subject to change. As a result of the NOT filings, all creditors are stayed from commencing or continuing any proceedings against the Companies and the Companies have a period of 30 days to file their proposal with the Proposal Trustee pursuant to the provisions of the BIA (the "Initial Stay"), subject to any extensions (the "Extension Periods") of the Initial Stay that may be granted by the Court upon application by the Companies. The Proposal Trustee anticipates the Companies will seek Court approval of an extension of the Initial Stay on December 23, 2014. Notification of any applications by the Companies for Extension Periods, along with information relating to the proposal proceedings will be posted on the Proposal Trustee's website at www.pwc.com/car-karrys as information becomes available. The purpose of the NOIs is to give Karrys sufficient time to complete a going concern sale of their business through a Court supervised process. The Proposal Trustee is working with Karrys during the Initial Stay period and will correspond with all creditors of the Companies further as the proposal proceedings continues. During the period of the NOIs, Karrys intends to continue to operate on a "business as usual" basis. PricewaterhouseCoopers Inc. PwC Tower, i8 York Street, Suite 2600, Toronto, Ontario, Canada M5J oB2 T: +1 416 869 2487, F: +1 416 814 3219, www.pwccom/ca Should you have any questions or require further information, please contact the Proposal Trustee at (416) 869-2487 or visit PwC's website listed above. PricewaterhouseCoopers Inc., in its capacity as Trustee under the Notice of Intention to Make a Proposal filed by Karrys Bros., Limited, Karbro Transport Inc. and Karrys Software Ltd. and not in its personal capacity Tracey Weaver Vice President District at DivIsion No. EsteNo. - FORM 33. Notice of Intention To Make a Proposal (Subsection 50.4(1) of the icI) In the matter of the notice of intention to make a proposal of Kanys Bros., Limited of the of Misscssauga, in the Provnce of Ontario Take notice I. I, Kanys Bros., Limited an insolvent person, state, pursuant to subsection 50.4(1) of the Act that intend to make a proposal to my creditors. 2. PncewatertrouseCoopers Inc. of 13 York Street; Suite 2600, Toronto, ON, MSJ 082, a licensed trustee, has consented to act as trustee under the proposal. A copy of the consent isattathed. 3. A list of the names of the known creditors wrth claims of $250 or more and the amounts of their claims is also attached. 4, Pursuanttosectn69oftheActaliproceedingsagainstmearestayedasofthedateoffiftngofthls notice with the official receiver in my locality. Dated at the in the Province of Ontario, this 7day of December2014. f To be completed by Official Receiver FifIng Date Official Recmver Pe1 atI IN THE MATTER OF THE PROPOSAL OF KARRYS BROS., LTD. PricewaterhouseCoopers Inc., licensed Trustee in Bankruptcy, HEREBY CONSENTS to act as trustee in the proposal of Karrys Bros., Ltd. DATED at the City of Toronto, in the Province of Ontario, this L1iay of December, 2013. PRICEWATERHOUSECOOPERS INC. 4/L N4?k Michelle Pickett, CIRP Senior Vice President IN THE MATTER OF THE NOTICE OF INTENTION TO MAKE A PROPOSAL OF KARRYS BROS., LIMITED Creditor List Secured Creditors: Name: Bank of Montreal Colony Ford Lincoln Sales Inc. De Lage Landen Financial Services Canada Inc. G.N. Johnston Equipment Co. Ltd. Ricoh Canada Inc. TOTAL: Amount: $ 9,200,000.00 Unknown Unknown Unknown Unknown $ 9,200,000.00 Unsecured Creditors: Name: ACTION CANDY COMPANY ADT SECURITY SERVICES CANADA, INC. ADVANCED INNOVATIONS INC. AGROPUR FINE CHEESE DIVISION AHEARN & SOPER INC. AH-SO FINE FOODS INC. ALDON CHEMICAL ALIMENTS KRISPY KERNELS ALL STAR TAXI SERVICE AMEX BANK OF CANADA ANDERSON WATTS LTD. ARCTIC GLACIER CANADA INC. ARMORED AUTO GROUP INC. ASM CANADA INC. ASSOCIATED NATIONAL BROKERAGE AURIUM PHARMA INC. AVMOR LTD. AVONDALE STORES LIMITED BELL CANADA BELLMORE & MOORE BIC INC. -CONSUMER DIVISION B9392 BIG SKY BRANDS INC. BLISTEX CORPORATION BLU ENERGY DRINK CANADA INC. BOB DALE GLOVES AND IMPORTS LTD. BRIGHAM ENTERPRISES INC. BUNN-O-MATIC CORPORATION OF CANADA LIMITED BURNBRAE FARMS LTD. BUTLER OPERATIONS INC. CANADA POST CORPORATION CANADIAN TIRE CORPORATION (MM) CASA CUBANA CHURCH & DWIGHT CANADA CINTAS CANADA LIMITED CLIF BAR & COMPANY CLUB COFFEE L.P. COCA-COLA REFRESHMENTS CANADA CO. COMMPORT COMMUNICATIONS INTL. INC. COOLMARK MECHANICAL LTD. CORPORATE PROTECTION GROUP COTT BEVERAGES CANADA CREATE A TREAT DAN-D FOODS (TORONTO) INC. DARE FOODS LIMITED (500221) DURE FOODS LTD. DYNAMIC CHOCOLATES EAUX VIVES WATER INC. $ Page 1 Amount: 2,259.10 1,769.49 568.98 669.60 4,013.24 4,389.49 9,301.68 35,296.17 433.92 8,744.78 2,544.34 163,296.00 5,440.27 1,696.79 271.20 1,328.88 4,882.04 602.46 4,088.66 19,045.81 2,278.08 351.48 3,724.66 549.82 746.88 20,777.48 3,868.67 2,808.57 2,644.20 2,519.51 404,043.01 12,634.49 4,614.97 794.46 10,589.43 27,486.39 120,107.82 8,662.86 1,351.76 1,130.00 962.30 32,544.00 22,161.49 5,540.17 1,194.00 17,250.55 3,170.40 IN THE MATTER OF THE NOTICE OF INTENTION TO MAKE A PROPOSAL OF KARRYS BROS., LIMITED Creditor List EDWARD DWORKIN DISTRIBUTORS ENDEAVOUR PERSONNEL LTD Energizer Personal Care. T6166 EXCLUSIVE CANDY & NOVELTY F’REAL FOODS, LLC FARM TO TABLE CANADA INC. FIJI WATER COMPANY LLC FILEBANK RECORD CENTRE LTD. FONEGEAR LLC FORDIS FRITO LAY CANADA G.N. JOHNSTON EQUIPMENT CO LTD GENERAL MILLS CANADA INC. GENPAK GFL ENVIRONMENTAL EAST CORPORATION GIVE AND GO GlaxoSmithKline Consumer Healthcare GLOBAL MATRIX MARKETING,SALES & DIST A DIVISION OF FERRERI HOLDINGS LTD. GOJO INDUSTRIES INC. GOLD LINE TELEMANAGEMENT INC GORSKO INC. GOWLING LAFLEUR HENDERSON LLP GRANDMOTHER’S BAKE SHOPPE GRANT THORNTON LLP GROUPE CONSEIL HALL CHEM MFG INC. HARMONY PRINTING LIMITED HASTY MARKET HEAD OFFICE HENRY’S HARDWARE & LOCKSMITHING LTD. HHS VOLUNTEER ASSOCIATION HILARY’S SALESMASTER INC. HMS HOST HOMEOCAN INC. HOPKINS CANADA INC. HORSE & BUGGY BRANDS INC. HORTON’S DAIRY HOUSE OF HORVATH INC. HUSKY FOODS HYDE’S DISTRIBUTION LTD. HYGIEA INC. I.T.W.A.L. LIMITED IBERIC OIL CO. LIMITED ICEE-CANADA LTD IGNITE LIGHTERS LTD INTERNATIONAL PLAYING CARD COMPANY. IRVING CONSUMER PRODUCTS LIMITED IS2 WORKFORCE SOLUTIONS ITAL PASTA ITW PERMATEX CANADA J.H. RYDER MACHINERY LIMITED. JOHNSON & JOHNSON DISTRIBUTION JOHNVINCE FOODS JOHNVINCE FOODS LTD. JRM DISTRIBUTION INC KARRYS BROS., LIMITED KERR BROS.,LIMITED KISSNER MILLING COMPANY LTD. KLEEN-FLO TUMBLER INDUSTRIES LTD Page 2 1,015.65 6,535.93 1,754.37 13,023.52 9,508.80 974.06 13,528.00 1,190.17 42,981.84 54,370.39 104,995.06 1,520.77 2,189.28 1,333.40 2,075.97 2,799.19 902.83 16,004.00 2,368.95 1,172.94 5,668.94 7,501.11 1,686.30 50,663.55 7,600.00 16,263.05 4,671.42 994.49 3,448.76 1,015.15 34,446.37 4,660.57 689.39 4,525.11 565.80 282.50 32,418.13 633.60 3,539.16 440.70 2,448,996.64 2,341.06 661.73 1,491.60 4,277.91 25,265.61 2,315.04 3,570.00 933.74 1,983.22 22,268.11 9,397.08 10,372.18 3,495.37 871.56 1,746.93 35,787.46 2,762.54 IN THE MATTER OF THE NOTICE OF INTENTION TO MAKE A PROPOSAL OF KARRYS BROS., LIMITED Creditor List L.M. GENERATING POWER CO. LTD. LA CIE MCCORMICK CANADA CO LANWEST MANUFACTURING TECHNOLOGIES LASER SOLUTIONS INC LASSONDE SALES GROUP LEESE ENTERPRISES INTERNATIONAL LES ALIMENTS UNIQUE FOODS INC. LINDT & SPRUNGLI M & P Tool Products Inc. MAGNACHARGE MANSFIELD MEDICAL DISTRIBUTORS MARITIME-ONTARIO FREIGHT LINES LTD. MAXILL INC MELITTA CANADA INC. MISTER BEER INC O/A MB BOTTLE BREW MIXOLOGY CANADA INC. MONDO PRODUCT COMPANY LIMITED MONDOUX MOTHER PARKERS TEA & COFFEE INC MTY TIKI MING ENTERPRISES INC. MV Packaging Inc. NATIONAL DSD NATIONAL SMOKELESS TOBACCO COMPANY NE3 INC NESTLE CANADA INC. NESTLE CANADA INC. NESTLE PURINA PETCARE NESTLE WATERS OF CANADA NEW ERA NUTRITION INC. NOCO LUBRICANTS LP NORTH CENTRAL OFF TECHNOLOGIES INC. NORTOWN AIR SYSTEMS NOVARTIS CONSUMER HEALTH CANADA NUGO NUTRITION NUTRECO PET PRODUCTS NUTRI-HEALTH CORPORATION OLD DUTCH FOODS LTD. OPW LUBE SOURCE OSRAM SYLVANIA LIMITED #926757 OTEC RESEARCH PACE NETWORK INC. PEPSICO BEVERAGES CANADA PEPSI-COLA CANADA BEVERAGES LTD. PETRO CANADA PETRO CANADA - C - STORE PROGRAM TMP INACT PETRO CANADA LUBRICANTS INC. PETRO-CANADA Pfizer Consumer Healthcare A Division of Pfizer Canada Inc. PITNEY BOWES LEASING PLANET PAPER BOX INC. POWER BATTERY SALES PREMIER BRANDS CANADA LTD PREMIER TECH HOMES & GARDEN PRIMO FOODS CANADA PROFORMA PROMOTION IN MOTION CANADA INC. PUROLATOR COURIER LTD. QTG CANADA 5,223.43 480.44 12,492.24 752.58 2,899.00 3,392.44 1,934.10 2,980.31 1,459.87 544.16 431.21 21,424.22 398.66 2,371.78 3,254.40 2,088.00 361,777.25 3,954.94 69,877.63 32,233.76 1,213.62 17,719.12 121,334.24 5,579.38 23,591.40 7,272.00 22,287.75 32,910.20 2,831.34 16,135.57 735.89 1,852.95 2,402.15 3,791.38 9,994.72 1,841.40 24,967.35 14,041.38 1,370.48 934.56 5,987.28 12,318.89 44,492.74 192,136.80 171,595.67 121,010.01 948.84 29,171.89 1,423.36 4,795.87 3,652.16 30,377.95 11,670.28 782.84 10,036.49 2,470.91 283.77 5,507.96 Page 3 IN THE MATTER OF THE NOTICE OF INTENTION TO MAKE A PROPOSAL OF KARRYS BROS., LIMITED Creditor List RADIANT COMMUNICATIONS CORP. RADIATOR SPECIALTY CO. OF CANADA LTD RAPID SNACK INC. RECOCHEM INC. REDLINE OFFICE SOLUTIONS INC. REGAL CONFECTIONS RT FRESH PREPARED FOODS INC RUMBLE RUSSELL A. FARROW LIMITED RYAN ULC RYDER TRUCK RENTAL CANADA LTD SAPUTO BAKERY INC. SAPUTO DAIRY PRODUCTS CANADA SAPUTO DAIRY PRODUCTS CANADA C.P. SAPUTO DAIRY PRODUCTS CANADA G.P. SBC FIREMASTER LTD. SCEPTER CANADA INC Shearer’s Canada Foods,Inc. SHRADER CANADA LIMITED SM ENTERPRISES SMUCKER FOODS OF CANADA CORP. SODEXO CANADA LTD. SOLO CUP CANADA SOUTH COVE FOODS LP SPLENDID CHOCOLATES LIMITED SPRING MEADOW BAKERY INC. STARBRAND PRODUCTION INC. STEVEN J. KARRYS STIKEMAN ELLIOTT LLP STONE STRAW LIMITED SUMMER FRESH SALADS INC TEL-STAR MARKETING GROUP INC. TEMPLE LIFESTYLE INC TFB & ASSOCIATES LIMITED THE GREAT CANADIAN MEAT COMPANY THE STAFFING EDGE INC. THOMAS LARGE & SINGER TILLSON BRANDS INC. TOKAI OF CANADA LIMITED TORBRAM ELECTRIC SUPPLY TORCAN LIFT EQUIPMENT LTD. TOSUTA INTERNATIONAL SALES LTD. TRUE NORTH NUTRITION UNCLE RAYS, LLC. UPS CANADA LTD. ViascanQdata VITAMINGUM CANADA INC WALLACE & CAREY LTD. WALLACE & CAREY LTD. WESTON BAKERIES LIMITED #100051641 WG PRO MANUFACTURING TOTAL: 1,371.36 1,235.86 1,142.29 585,704.51 999.88 54,733.08 31,307.14 1,342.44 1,129.08 4,929.68 1,514.20 2,942.14 887.70 6,958.87 2,947.40 13,024.38 1,948.48 1,761.72 3,441.53 800.04 11,716.83 1,473.81 11,099.05 810.53 17,756.28 772.96 481.38 4,162.64 116,918.25 1,556.80 3,916.44 8,407.20 4,550.00 14,629.84 250.80 12,619.41 19,230.05 28,204.80 29,549.50 585.79 1,808.00 11,058.35 3,284.91 13,619.66 6,499.97 508.50 832.31 17,844.94 8,750.52 1,051.08 44,727.25 $ 6,635,887.99 EMPLOYEES - See attached UNKNOWN Landlords - See attached UNKNOWN GRAND TOTAL: $ 15,838,916.95 Page 4 IN THE MATTER OF THE NOTICE OF INTENTION TO MAKE A PROPOSAL OF KARRYS BROS., LIMITED Employee Listing Name: Amount: Abnes, Suntrupti Unknown Agyei, Daniel Unknown Alcober, Mylene Unknown Alquinto, Josephine Unknown Amiuwu, Osagie Unknown Armstrong, Ann Unknown Armstrong, Steven Unknown Arthur, Christopher Unknown Aryeetey, Geraldine Unknown Augustin, Jonathan Unknown Bailey, Marilyn Unknown Bedggood, Steve Unknown Benjamin, Lance Unknown Bielby, Terry Unknown Bois, Michael Unknown Bonspiel, Chris Unknown Canaan, Winston Unknown Catalig, Anicia Unknown Catalig, Kayla Unknown Chowdhury, Nizam Unknown Colendrino, Emily Unknown Cornish, Roger Unknown Cornwall, Lloyd Unknown Cote, Martine Unknown De Asis, Anthony Unknown Dinglasan, Eric Unknown D'Souza, Anthony Unknown Edgar, Don Unknown Edwards-Johnson, Kaydian Unknown Eggeh, Abdi Unknown Eggeh, Hassan Unknown Elvie, Brendoline Unknown Evangelista, Maria Unknown Fazal, Joanne Unknown Fu, Mary Unknown Gennaro, Jack Unknown Godinho, Ana Unknown Gyongyossy, Karen Unknown Harripersad, Angie Unknown Harris, Noel Unknown Hayle, Natalie Unknown Hemmingn, Ackiel Unknown Hurry, Ishwarnarain Unknown lmtiaz, Waseem Unknown Jalloh, Abdulai Unknown Jolliffe, Chris Unknown Jones, CindyLee Unknown Kaur, Anupreet Unknown Kehal, Manjit Unknown Kelly, David Unknown Kjollesdal, Heide Unknown Kolosjai, Lynn Unknown Kreiger, Daniel Unknown Lachhar, Manpreet Unknown Lad, Raksha Unknown Langdon, John Unknown Law, Choi Unknown Lawrence, Martin Unknown Lawson, Matthew Unknown Lim, Emil Unknown Lindsay, Robert Unknown Lingamoorthy, Malathy Unknown Loac, Jenny Unknown Lobraico, Laura Unknown Lonchiavo, Elizabeth Unknown Page 5 Lubana, Gurpreet Unknown MacLeod, Sherri Unknown Malcovich, Tanya Unknown Mallozzi, Terry Unknown Mann, Avtar Unknown Martin, Brandon Unknown Mesenchuk, Michael Unknown Mistry, Bhanu Unknown Mohamed, Rasiya Unknown Morabito, Tony Unknown Morante, Ruby Unknown Mursingh, Lilowtie Unknown Nankova, Diana Unknown Nankova, Gergana Unknown Neilly, (arson Unknown Nicholson, Kerry Unknown Obeng, Prince Unknown OGrady, Kim Unknown Opoku, Eric Unknown Parsons, Christine Unknown Peart, Clinton Unknown Peats, Roger Unknown Penny, Eric Unknown Perez, Frances Unknown Persad, Anna Unknown Pineda, Alice Unknown Pisani, Chantel Unknown Pratt, Kevin Unknown Rambally, Gitnarine Unknown Rejouis, Rodolphe Unknown Reyes, Christian Unknown Rock, Stephen Unknown Rodrigues, Shyla Unknown Rondilla, Peter Unknown Sally, Seepersad Unknown Sanchara, Oma Unknown Schultz, Shawn Unknown Sharma, Ananta Unknown Shaver, Joseph Unknown Shaw, Steve Unknown Shelton, Ernest Unknown Shepherd, John Unknown Singh, Paramlit Unknown Singh, Shivani Unknown Sivaranee, Siva Unknown Stenback, Eileen Unknown Stewart, Micheal Unknown Strand, David Unknown Sweeney, Bill Unknown Szewczyk, Barbara Unknown Talbert-Hajat, Cathline Unknown Tan, Sabrina Unknown Thompson, John Unknown Todd, Evelyn Unknown Trw,, Hanh Thi My Unknown Valles, Kristin Unknown Van Horn, Jeff Unknown Vanderwilp, Clarence Unknown Vitug, Chris Unknown Ward, Ricky Unknown Williams, Anneliese Unknown Wuthrich, Henry Unknown TOTAL: Unknown Page 6 IN THE MATTER OF THE NOTICE OF INTENTION TO MAKE A PROPOSAL OF KARRYS BROS.. LIMITED Landlord Listing Landlord: Sobara Group Extender Products Limited Edwin Earl McLaughlin/Ewart Arnold Mclauglin - Lease 883481 Ontario Ltd. - Lease Amount: Unknown Unknown Unknown Unknown eT7