PFB Corporation Announces the Sale and Leaseback of Its

PFB Corporation Announces the Sale and Leaseback of Its Canadian Real
Estate 
CALGARY, ALBERTA -- (Marketwire) -- 12/21/12 -- PFB Corporation
(TSX:PFB) reports it has executed a Purchase and Sale Agreement with
a Canadian real estate investment trust whereby it has agreed to sell
all its Canadian real estate for the sum of $30,000,000 and agreed to
enter into property leases for a term of twenty years. Proceeds to be
received by PFB from the sale will be constituted as $15,000,000 in
cash and $15,000,000 in trust units. The transaction is subject to
the usual due diligence conditions by the purchaser for transactions
of this nature. It is expected to close in February, 2013. 
About PFB 
PFB Corporation is a vertically integrated manufacturer of insulating
building products that are marketed across North America under five
brands. Plasti-Fab, EPS Product Solutions(R) are products,
manufactured using expanded polystyrene (EPS) as base raw materials,
that are delivered to customers in five segmented markets. Advantage
ICF Systems(R) are insulating concrete forming systems that are
employed to build insulated foundations and walls from concrete in
both residential and commercial markets. Insulspan(R) Structural
Insulating Panels Systems (SIPS) are used to create structural walls
and to replace trusses on roof systems to form an energy-efficient
structural envelope. PFB Custom Homes Group includes Riverbend Timber
Framing(R), PrecisionCraft Log &Timber Homes(R), Point Zero Homes
(R)and M.T.N Architects(R). Each brand provides clients with our
exclusive Total Home Solution(R) for building custom homes in the US,
Canada and internationally that can include Insulspan SIPS for the
walls and roof, and Advantage ICFS for the building's foundations.  
PFB Corporation is listed for trading on the Toronto Stock Exchange,
symbol PFB.
Contacts:
PFB Corporation
Stephen P. Hardy
Vice President & CFO
(403) 569-4303
(403) 569 4075 (FAX) 
PFB Corporation
#100, 2886 Sunridge Way NE
Calgary, Alberta T1Y 7H9
 
 
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