Sulja Bros. Building Supplies, Ltd (SLJB): N E W S Aug 23, 2006 WINDSOR, ON...

Sulja Bros. Building Supplies, Ltd (SLJB)

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Wednesday, 08/23/2006 3:05:11 PM

Wednesday, August 23, 2006 3:05:11 PM

N E W S
Aug 23, 2006
WINDSOR, ON
MARKET WIRE
Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) completed the asset
transfer to the State of Nevada. Sulja Bros.' attorneys have paid all creditors
and liens on the assets prior to the move. The balance sheet has been forwarded
to auditor to complete our financials.

CEO Steve Sulja stated: "The State of Nevada has received the assets. The
balance sheet has been sent to our auditor and we expect to have the audited
financials completed in mid-September. We are pleased to update our
shareholders of the asset and audit progress. KPMG and Price Waterhouse Coopers
will complete the audit and the assets are contained in the upcoming audited
financials. Our shareholders have requested an update through Marquee Asset
Management and we are listening to the concerns. We continue to gain new work
and have some exciting updates to be released."

This contains forward-looking information within the meaning of The Private
Securities Litigation Act of 1995. Forward-looking statements may be identified
through the use of words such as "expects," "will," "anticipates," "estimates,"
"believes," or statements indicating certain actions: "may," "could," "should"
or "might occur." Such forward-looking statements involve certain risks and
uncertainties. The actual result may differ materially from such
forward-looking statements. The company does not undertake to publicly update
or revise its forward-looking statements even if experience or future changes
make it clear that any projected results (expressed or implied) will not be
realized.

SOURCE: Sulja Bros. Building Supplies, Ltd.

Always my personal and humble opinion.
May the good news be always with us