Incident not reflective of corporate values

FOR IMMEDIATE RELEASE

May 31, 2007 - On behalf of the Tim Hortons chain, CEO and President Paul House personally apologizes for the offensive sign posted by a young staff member at a Lethbridge store. Mr. House emphasized that this type of behavior is not tolerated, and is absolutely not reflective of Tim Hortons.

"I would like to publicly apologize to Chief Charles Weasel Head of the Blood Tribe and to Chief Reg Crowshoe of the Piikani (Peigan) Nation, and to all of the Aboriginal Peoples of Canada," said Mr. House. "I will be contacting both Chiefs, and plan to directly express my extreme regret in person, with respect to this incident."

To demonstrate the seriousness of the matter, the employee was immediately disciplined and suspended. The employee understands the severity of what has happened and has expressed remorse and since personally apologized to the Aboriginal staff members at the location.

Tim Hortons will continue to reinforce the importance of its Workplace Harassment policy and use this incident as an opportunity to educate and communicate the importance of respect in the workplace and in the community.

- 30 -

For more information, please contact:

Nick Javor
Senior Vice-President, Corporate Affairs
Tel: 905-339-6176

Share this news with your network