THE ROYAL CANADIAN MINT ANNOUNCES CORPORATE JOINT VENTURE WITH TRAVELWAY GROUP INTERNATIONAL INC.

OTTAWA, ONTARIO, June 28, 2002 - The Royal Canadian Mint, a commercial Crown Corporation, and Travelway Group International Inc. (TGI) announced today the creation of a jointly owned packaging and specialty services company.

The Mint will enter into the agreement through its wholly owned subsidiary. The new company will assume TGI's existing packaging and specialty services operation. TGI will continue to operate their other diversified product lines. Both companies will have a 50% interest in the new corporate joint venture through their respective and wholly owned subsidiaries. The terms of the agreement were not disclosed.

"The recent changes to the Mint Act have allowed us to seek ventures such as this to broaden our products and services base", said Danielle Wetherup, President and CEO of the Royal Canadian Mint. "The corporate joint venture is a reflection of our intention to grow through vertical intregration and strategic alliances to take advantage of lucrative niche markets that are natural extensions of the Mint's business."

"The Mint's worldwide reputation and expertise in key global markets will contribute to the success of the joint corporate venture", said Bruce Shadeed, President of TGI. "The joint venture brings together a solid track record of leadership and innovation in packaging and specialty services and extensive knowledge of global demand channels that require these services."

June 28, 2002

THE ROYAL CANADIAN MINT ANNOUNCES CORPORATE JOINT VENTURE WITH TRAVELWAY GROUP INTERNATIONAL INC.