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Press release from CNW Group

Colabor Group reports on shareholders' voting results for the election of Directors

Wednesday, May 01, 2013

Colabor Group reports on shareholders' voting results for the election of Directors

14:33 EDT Wednesday, May 01, 2013

BOUCHERVILLE, QC, May 1, 2013 /CNW Telbec/ - Colabor Group Inc. (TSX: GCL) ("Colabor" or the "Company") held its Annual Meeting of shareholders earlier today. All candidates proposed as directors were duly elected to the Board of Directors of Colabor by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:

Name For     Withheld    
Number   % Number   %
Stéphane Gonthier 10,241,639   99.84% 16,140   0.16%
Gilles C. Lachance 10,242,144   99.85% 15,635   0.15%
Jacques Landreville 10,241,589   99.84% 16,190   0.16%
Richard Lord 10,145,495   98.91% 112,284   1.09%
Robert Panet-Raymond 10,237,550   99.80% 20,229   0.20%
Paul Webb 10,238,230   99.81% 19,549   0.19%

In accordance with the management succession plan initiated in 2011, which led to the nomination of Mr. Claude Gariépy as President and Chief Executive Officer, the Company announced that it has formally begun the succession process for Mr. Michel Loignon, Vice-President and Chief Financial Officer.

Colabor is a wholesaler and distributor of food and non-food products serving the retail market (grocery stores, convenience stores, etc.) and the foodservice market (cafeterias, restaurants, hotels, restaurant chains), in Quebec, Ontario and the Atlantic provinces.

This news release may contain forward-looking statements reflecting the opinions or current expectations of Colabor Group Inc. concerning its performance and business operations and future events. These statements are subject to risks, uncertainties and assumptions. Actual results or events may differ.



SOURCE: Colabor Group Inc.

For further information:

Colabor Group Inc.            
Claude Gariépy     
President and Chief Executive
Tel. 450-449-0026 ext. 265
Fax 450-449-6180

Michel Loignon, CPA, CA     
Vice-President and
Chief Financial Officer
Tel. 450-449-0026 ext. 235
Fax 450-449-6180

MaisonBrison Inc.
Martin Goulet, CFA
Senior Vice-President,
Investor Relations
Tel. 514-731-0000 ext. 229
Fax 514-731-4525

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