CFS International Inc. Announces Financial Results for the Three Months Ended March 31, 1996 CFS International Inc. Announces Financial Results for the Three Months Ended March 31, 1996

Business Wire, June 3, 1996

TORONTO--(BUSINESS WIRE)--June 3, 1996--CFS INTERNATIONAL INC. (VSE:CFY) CFS International Inc. (the "Corporation") announces that the consolidated net loss of the Corporation for the three months ended March 31, 1996 was $384,412, or 1.00 cent per share, as compared to a loss of $42,622, or 0.11 cent per share, for the year 1995. Revenue for the three months amounted to $10,372,331 for 1996, compared with $916,275 for 1995.

CFS International Inc. is an international trading, manufacturing, retailing, and investment company, with its shares traded on the Vancouver Stock Exchange under the symbol "CFY". -0-

NOTE: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.

CONTACT: CFS International Inc.

Alec Lam, 905/305-0222; 905/305-0932 (Fax)