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Clarke Inc. Kicks Off 2007 with Investment Gains of Approximately $10 Million

Clarke Inc. ("Clarke") has greeted the new year with three significant investment-related transactions. Clarke has sold its 50% interest in the warehouse located at 225 Rexdale Boulevard, Toronto, Ontario, acquired in 2004 under a co-ownership arrangement with Kingsett Real Estate Growth LP No. 1, for an estimated gain before income taxes of approximately $5.7 million. Clarke has also sold all of its subordinated voting shares in Spectra Premium Industries Inc. following that company's privatization, contributing approximately $1.0 million of gain before income taxes. Lastly, Clarke has redeemed its units in the Halterm Income Fund as part of Halterm's acquisition by Macquarie Infrastructure Partners, which was announced in November 2006, for a gain before income taxes of approximately $3.4 million. With the closing of these three transactions, Clarke's total gains on investments are approximately $10 million before taxes.

"We are always looking for investment prospects that will allow us to enhance shareholder value," said George Armoyan, President & CEO, Clarke Inc. "The approximately $10 million in gains that we have realized on these investments reflect the success of our strategy. We will continue to seek out opportunities to bolster shareholder value."

About Clarke

Clarke Inc. is a diversified investment holding company with interests in businesses including freight transportation services, international shipping, real estate and information technology services. Headquartered in Halifax, Nova Scotia, Clarke and its subsidiaries have offices across Canada, and provide direct employment for over 700 employees and contractors. For more information about Clarke Inc., please visit the Investor Relations section of our website at www.clarkeinc.com.

A NOTE ABOUT FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements. Forward- looking statements are typically identified by the words "believe," "expect," "anticipate," "intend," "estimate" and other similar expressions or future or conditional verbs such as "will," "should," "would" and "could." By their nature, these statements require Clarke to make assumptions and are subject to inherent risks, uncertainties and other factors which could cause actual results to differ materially from any results or expectations expressed or implied in these forward-looking statements. Readers should not place undue reliance on Clarke's forward-looking statements. Clarke does not undertake to update any forward-looking statement that is contained in this press release or in other communications.

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For further information: Jan Imeson, Executive Vice President & Chief Financial Officer, Clarke Inc., (902) 442-3413, Fax:(902) 442-0187

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