Listed: NYSE TSE
Symbols: IDR (NYSE) ITW (common) ITW1N (preferred)
Press Release: Intrawest Corporation
February 13, 2001
VANCOUVER, BC -- Intrawest yesterday announced that it will redeem 970,000 of its non-resort preferred (``NRP'')
shares on April 1, 2001 by payment of $2.65 per share for each NRP share to be redeemed. The number of NRP shares
to be redeemed represents approximately 15% of the outstanding NRP shares.
Shareholders will be sent a notice of redemption and instructions on the method by which their shares will be redeemed.
The company will redeem NRP shares held by holders of record at the close of business on April 1, 2001.
Intrawest Corporation's non-resort preferred shares are traded on The Toronto Stock Exchange. The company is headquartered
in Vancouver, British Columbia.
SOURCE: Intrawest Corporation