IPD International Parkside Products Inc

Brampton Brick Limited (TSX:BBL.A) reported today that it has completed its
previously announced new $30,000,000 long-term financing.


A portion of the proceeds of the new financing were utilized to repay a
$20,000,000 term bank loan. The balance will be utilized for general corporate
purposes.


The term of the loan is seven years with interest only for the first two years.
Principal repayments commence in July 2011 at $500,000 per month in the months
of July to November inclusive ($2,500,000 per year) to 2015, and a balloon
payment of $17,500,000 in June 2016. The rate of interest is fixed at 8.00%.


The loan is secured primarily by real estate and production equipment of the
Company's Masonry Products and Landscape Products business segments in both
Canada and the U.S.


As previously announced in its press release of May 8, 2009, the Company was not
in compliance with certain financial covenants under its bank loan agreement as
at March 31, 2009. With the completion of the new term financing and the
repayment of the $20,000,000 term bank loan as noted above, these financial
covenants are no longer applicable.


The lender is Integrated Private Debt Corp. ("IPD"), Canada's largest
independent provider of investment grade senior private debt. IPD is the private
debt division of Integrated Asset Management Corp. (TSX:IAM) ("IAM"), of
Toronto. IAM is Canada's leading alternative asset management company, with
approximately $2.1 billion in assets and committed capital under management in
private corporate debt, private equity, managed futures, real estate and retail
alternative investments.


Certain statements contained herein constitute "forward-looking statements".
Such forward-looking statements involve known and unknown risks, uncertainties
and other factors, including, but not limited to, those identified under "Risks
and Uncertainties" in the Company's 2008 Annual Report, which may cause actual
results, performance or achievements of the Company to be materially different
from any future result, performance or achievements expressed or implied by such
forward-looking statements.


Brampton Brick is Canada's second largest manufacturer of clay brick and
manufactures concrete paving stones, retaining walls, garden walls and enviro
products in Canada and the U.S. under the Oaks Concrete Products trade name. The
Company also manufactures a range of concrete masonry products including stone
veneer, window sills and concrete brick. Products are used for residential
construction and for industrial, commercial, and institutional building
projects. Da Vinci Stone Craft Ltd., a wholly owned subsidiary, manufactures
fireplace surrounds and accessory products. The Company also holds a 50%
joint-venture interest in Universal Resource Recovery Inc., which operates a
waste composting facility in Welland, Ontario.

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