Press Releases

NORTH LIBERTY, Iowa, Feb. 10, 2012 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced that on Tuesday, February 14, 2012, Michael Gerdin, Chief Executive Officer and John P. Cosaert, Chief Financial Officer will present at the Stifel Nicolaus 2012 Transportation and Logistics Conference at 8:30 am (central time).

Interested investors can access a live audio webcast of the Stifel Nicolaus 2012 Transportation and Logistics Conference at http://www.media-server.com/m/p/skk3ddy6.

Mr. Gerdin and Mr. Cosaert will also present at the BB&T Capital Markets Transportation Services conference, February 15, 2012 at 6:40 am (central time).

Heartland Express is an irregular route truckload carrier based in North Liberty, Iowa serving customers with shipping lanes throughout the United States. Heartland focuses on medium to short haul regional freight, offering shippers industry leading on-time service so they can achieve their strategic goals for their customers. More information about Heartland Express can be found on the company website at www.heartlandexpress.com.

This press release and the webcast announced in this press release may contain statements that might be considered as forward-looking statements or predictions of future operations. Such statements are based on management's belief or interpretation of information currently available. These statements and assumptions involve certain risks and uncertainties. Actual events may differ from these expectations as specified from time to time in filings with the Securities and Exchange Commission.

CONTACT: Heartland Express, Inc.
         Michael Gerdin, Chief Executive Officer
         319-626-3600
         or
         John P. Cosaert, Chief Financial Officer
         319-626-3600

EDMONTON, ALBERTA--(Marketwire - Feb. 10, 2012) - Liquor Stores N.A. Ltd. (the "Company" and "Liquor Stores") (TSX:LIQ), Canada's largest private liquor retailer (based upon number of stores and revenue) today announced that it entered into a new $150 million revolving credit facility. The new agreement replaces the Company's prior credit agreement and has a term of three years (subject to further extensions). The banks participating in the new credit agreement are Canadian Imperial Bank of Commerce ("CIBC"), HSBC Bank Canada, and National Bank of Canada. The amount available under the revolving credit facility can be increased by up to $50 million upon the agreement of existing or additional lenders.

The new revolving credit facility will be used for general corporate purposes, including funding acquisitions and the construction of new stores. CIBC acted as lead arranger and book runner for the facility and will serve as the administrative and security agent for the syndicate of lenders. The new credit agreement contains certain terms and conditions which differ from the Company's prior credit agreement, including more favourable interest rates for Liquor Stores as well as new financial covenants relative to defined levels of the Company's debt to EBITDA. A copy of the new agreement is available at www.sedar.com and the Company's website at www.liquorstoresna.com.

Rick Crook, President & Chief Executive Officer, stated, "We are very pleased with the new facility. The facility will provide us with capital at attractive rates, and coupled with our anticipated strong cash flow, provides us with continued financial flexibility to fund future growth."

About Liquor Stores N.A. Ltd.

The Company currently operates 240 retail liquor stores in Alberta, British Columbia, Alaska and Kentucky. The Company's common shares and 6.75% convertible unsecured subordinated debentures trade on the Toronto Stock Exchange under the symbols "LIQ" and "LIQ.DB", respectively.

Additional information about Liquor Stores N.A. Ltd. is available at www.sedar.com and the Company's website at www.liquorstoresna.com.

NON-GAAP FINANCIAL MEASURES

EBITDA is defined as the net income of the Company plus the following: interest expense, provision for income taxes, any portion of expense in respect of non-cash items including any long-term incentive plan amounts not to be settled in cash, depreciation, amortization, deferred taxes, and extraordinary and non-recurring losses to a maximum of $3.5 million in any fiscal year, write down of goodwill and other restructuring charges for store closures, amortization of inventory fair value adjustments, and deduction for non-controlling interest. EBITDA is also less any non-recurring extraordinary or one-time gains from any capital asset sales or certain foreign currency transactions.

Non-recurring items include costs incurred by the Company for expenses that are not part of on-going operations and that are not expected to recur.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Liquor Stores N.A. Ltd.
        Rick Crook
        President and Chief Executive Officer
        (780) 497-3271

        Liquor Stores N.A. Ltd.
        Patrick de Grace, CA
        Chief Financial Officer
        (780) 917-4179

Source: Liquor Stores N.A. Ltd.

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has placed two classes of commercial mortgage pass-through certificates from of JP Morgan Chase Commercial Mortgage Securities Corp series 2006-CIBC15 on Rating Watch Negative.

Classes A-M and A-J have been placed on Rating Watch Negative based on an increase in Fitch's preliminary estimate of expected losses for the 20 specially serviced loans, four of which are within the top 15 loans in the pool.

Fitch expects to resolve the Rating Watch status within the next several months following a complete review of the transaction including updated performance data for performing loans. Fitch expects classes A-M and A-J could be downgraded several categories given limited subordination of the remaining classes to offset losses.

Fitch has placed the following classes on Rating Watch Negative:

--$211.8 million class A-M 'Asf';

--$164.2 million class A-J 'B-sf'.

Additional information on Fitch's criteria is available in the Dec. 21, 2011 report, 'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions', which is available at 'www.fitchratings.com' under the following headers:

Structured Finance then CMBS then Criteria Reports

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions' Dec. 21, 2011.

Applicable Criteria and Related Research:

Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=662869

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch RatingsPrimary AnalystLisa Cook, +1-212-908-0665DirectorFitch, Inc.One State Street PlazaNew York, NY 10004orCommittee ChairpersonAdam Fox, +1-212-908-0869Senior DirectororMedia Relations:Sandro Scenga, +1-212-908-0278Email: sandro.scenga@fitchratings.com

Source: Fitch Ratings