Stuart Raftus, president and CEO of Seamark Asset Management Ltd. today purchased 450,000 shares of Seamark at $8.40 share.

The shares were bought from G. Peter Marshall Seamark chairman and chief investment officer, and The Manufacturers Life Insurance Co. a
subsidiary of Manulife Financial Corp.

Following these transactions Marshall will continue to own 1.37 million shares, and Manulife will continue to own 3,355,900 shares of Seamark, representing 12.8% and 31.3%, respectively, of the total shares outstanding.

Seamark provides investment management services across Canada to institutional clients, mutual fund companies, private clients, and the managed portfolio advisory programs of many of Canada’s leading investment dealers.