PRT's - Comments and Questions from Employees

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Comments and Questions from Employees

“Will the federal government's announcement to tax income trusts have an impact on PRT's business? Is there anything that can be done about this?”

Yes, the changes will affect PRT, but not in the short term. We have a good relationship with our bank and we do not have an immediate need to issue shares, or take other action outside the ordinary course, in order to raise capital.

Day-to-day operation of PRT should not change in any way. Our job is to manage our costs well, grow and lift crops carefully to maximize recovery at agreed specs, and secure orders by continuing our excellent customer service.

PRT's share price, like those of other Income Trusts, will likely be affected by these proposals. We don't offer advice on PRT as an investment, because the changes are public markets and taxation issues. If you are an investor in PRT, your source of advice should be independent from management of PRT. Many sources are available that can provide further detail about the changes.

As far as our operations, it's business as usual.

Some of you have asked for support or information about what we're doing as a company to defend our structure as an income trust. We belong to the Canadian Association of Income Funds (CAIF) which has a very well organized website. - http://www.caif.ca

There is a good variety of information there, including the "Top Ten Myths about Income Trusts" which I found helpful. - http://www.caif.ca/content/Top_10_Myths.pdf

If you have already made up your mind and would like to send a protest letter to your MP in Ottawa, this automated link is very quick and easy to use. - http://caif.marsworks.com

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