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Automodular Announces Exchange of Class X Shares
Toronto - December 23, 2005
Automodular Corporation ("Automodular") announces that pursuant to an Exchange Agreement entered into in 2001 it has triggered its exchange rights attached to all of the Class X shares of its subsidiary Automodular Assemblies Inc.
As a result of this exchange, Automodular will issue from treasury 7,000,000 common shares. This transaction does not impact basic or fully diluted earnings per share because the Class X shares participated in the earnings and dividends of the Company as though they were common shares.
Automodular is a supplier of sub-assembly, sequencing, transportation and logistics services to six OEM plants in Ontario, Michigan and Ohio. The Company has eight operating facilities and employs over 800 people. | 
