The acquisition was made pursuant to an exemption from the takeover bid requirements under applicable securities laws.

The Somerset units held by Clarke and Michael Andlauer, a director of Clarke, together total 3,783,251 units, representing approximately 26.10% of the total outstanding units of Somerset and approximately 21.24% of the voting rights attached to all issued and outstanding securities of Somerset.

The purchase of the Somerset units by Clarke was made through the facilities of the Toronto Stock Exchange for investment purposes. Clarke may, from time to time, acquire additional units of Somerset, dispose of some or all of the existing or additional units of Somerset, or continue to hold the units of Somerset in the normal course of Clarke's investment activities. -- www.cnxmarketlink.com