February 2008

Cactus Restaurants Ltd. Recognized as one of Canada’s 50 Best Managed Companies

Cactus Restaurants Ltd. is honoured to have been named one of Canada’s 50 Best Managed Companies for 2007 by the National Post. The prestigious accolade honours excellence in Canadian-owned and managed companies with revenues over $10 million.

For the past 15 years, Canada's 50 Best Managed Companieshas been one of the country’s leading business awards. 2007 finalists faced steep competition from last year’s winners who achieved some of the strongest financial results since the program’s inception - boasting consolidated sales of over $8.3 billion, a combined two year sales growth of 31% and collectively account for more than 45,000 employees throughout Canada.

“It is extremely exciting for Cactus to have received this national award,” says President and Founder, Richard Jaffray. “This type recognition is reflective of the excellence we pursue every day in our business. Our team has grown and evolved over the past 20 years and each member has contributed to our success.”

Cactus Club Cafe is Western Canada’s premiere casual fine dining restaurant concept, incorporating stringent quality standards, community service and commitment to customer satisfaction with sophistication. Cactus’ dedication to quality in every aspect of the business including staff development, restaurant design, environmental impact, and innovative global menu offerings are unique contributors to the company’s lasting success the highly competitive restaurant industry.

For more information about the National Post 50 Best Managed Companies Program, please visit www.canadas50best.com.