Unit Consolidation

Effective June 30, 2008, the common shares of Keystone North America Inc were consolidated on the basis of one new share for each six shares previously held. Prior to the consolidation, each IPS unit of Keystone consisted of one common share of Keystone and $4.286 principal amount of a 14.5% subordinated debenture. After June 30, 2008, each IPS unit consists of one Keystone consolidated share and $25.716 principal amount of the subordinated debenture.