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Employees Vote to Accept Offer

Company looks forward to welcoming all employees back to work

MONCTON, NB – Hub Meat Packers
Limited announced today that its 750 unionized employees, members of the United
Food and Commercial Workers union local 1288 P voted 64 per cent to accept the
company’s latest offer.

“We’re pleased employees have decided to
accept the offer. We look forward to welcoming everyone back to work and to
resuming normal operations,” said David Rinzler, President of Hub.

The latest offer provides a two-year
extension of the current contract including profit sharing, wages, pensions and
benefits. A new joint workplace committee will also be established to review
and resolve workplace issues.