GRAND OPENING OF BRIERCREST GRAIN LIMITED

Released on August 12, 2002

Premier Lorne Calvert today joined the community of Briercrest to celebrate

the grand opening of Briercrest Grain Limited.



The new producer car loading facility, located on the Southern Rail Co-

operatives track, will provide loading, shipping, and grain cleaning

services to the Briercrest region. The opening coincided with a trade show

highlighting local businesses.



"Briercrest Grain Limited is a shining example of what Saskatchewan people

can accomplish when they work co-operatively and locally," Calvert

said. "This new facility will provide much-needed services to producers in

the region, and we in government look forward to working with them to

further meet producers' needs."



Briercrest Grain Limited (BGL) purchased a wooden grain elevator from the

Saskatchewan Wheat Pool last March, and the new facility has already

shipped approximately 270,000 bushels of grain.



"I want to congratulate all of those involved in Briercrest Grain Limited

for their initiative and spirit of cooperation," Deputy Premier and

Agriculture, Food and Rural Revitalization Minister Clay Serby said. "This

agricultural business is an excellent example of the kind of community-

based enterprise that is key to rural revitalization and growth."



"It is clear that innovative solutions like Briercrest Grain Limited can

have a significant positive impact on farm incomes," Minister Responsible

for the Saskatchewan Grain Car Corporation Mark Wartman said. "The

province is working hard with communities and farm organizations to reduce

grain transportation costs and improve system performance, and we see

Briercrest Grain Limited as an important new partner."



Producer loading directly into cars can save farmers approximately $1,000

per car. It is estimated the Briercrest Grain Limited facility will permit

farmers to save between 16 and 18 cents per bushel - gaining most of the

producer car loading savings, while keeping many of the conveniences of a

traditional elevator.



"This is a good day for Briercrest Grain Limited, and for producers and

businesses in our community," Director of Advertisement for Briercrest

Grain Limited Rupert Theuerer said. "The services our facility provides

mean significant savings for producers in the south country, jobs for the

people of Briercrest, and enhanced economic development opportunities for

the region. BGL is now the new name on the prairie landscape."



Briercrest Grain Limited is a new community-based agricultural business

located in the village of Briercrest. The business is made up of 60

shareholders from the community.



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For more information, contact:



Pamela Bishop Rupert Theuerer

Saskatchewan Grain Car Corporation Director of Advertisement

Regina Briercrest Grain Limited

Phone: (306) 787-4804 Phone: (306) 475-2521