Ticker: ACEAF.PK

The amounts are in Canadian dollars. Also note that the tender offer also applies to the B shares ACEBF.

Notes:

"If you beneficially own less than 100 Shares as of the Expiration Date, and you deposit all such Shares, we will accept for purchase, without pro ration but otherwise subject to the terms and conditions of the Offer, all your Shares deposited pursuant to an Auction Tender at or below the Purchase Price or pursuant to a Purchase Price Tender." 5/13/2008

Originally posted in the forum under Ace Aviation (Canadian Dutch Tender).

Final Results: "ACE confirmed that it has taken up and accepted for purchase and cancellation a total of 12,537,084 Class A Variable Voting Shares and 10,190,187 Class B Voting Shares at Cdn$22.00 per share for an aggregate purchase price of Cdn$500 million in accordance with the terms of the offer. No Convertible Preferred Shares of ACE were deposited on an as converted basis under the offer... The final pro ration factor that has been applied to the Class A Variable Voting Shares and Class B Voting Shares deposited under the offer is approximately 90.3%."