27 October, 2006

Canada: Brick Brewing announced normal course issuer bid

Brick Brewing Co. Limited ("Brick Brewing"), announced October 25 that the Toronto Stock Exchange has accepted notice of Brick Brewing's intention to make a normal course issuer bid to purchase up to 1.017.007 of its common shares through the facilities of the Toronto Stock Exchange (the "Bid"). The 1,017,007 common shares represent approximately 5% of the currently issued and outstanding common shares of Brick Brewing. Any common shares purchased pursuant to the Bid will be cancelled.

The Bid will commence on October 27, 2006 and will terminate on October 26, 2007, or on such earlier date as Brick Brewing may complete its purchases or otherwise terminates the Bid. Any purchases pursuant to the Bid will be made by Brick Brewing at the prevailing market price at the time of such purchases in accordance with the requirements of the Toronto Stock Exchange.

Brick Brewing believes that the current market price of its common shares does not reflect the underlying value of its business and its future business prospects. Accordingly, Brick Brewing believes that the repurchase of its common shares represents an attractive investment and an appropriate use of corporate funds that should be beneficial to shareholders.

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