OFFICIAL STATEMENT

We would like to announce the closure of The New Palace Cabaret. We are always keen to recognize demographic changes and industry trends and as a result have decided to renovate the current location into a new and unique concept. Over the coming weeks we should be commencing renovations and hope to have it completed by September. We are excited about this new venture and are optimistic about Downtown Halifax's future. With a number of upcoming projects and the new Mayor's ambition to rejuvenate the downtown core, we see extreme potential in both the downtown core and our prime location. We would like to thank all of the patrons that have supported us over the years, We look forward to continue providing a destination spot for all to enjoy.

MICHEL & MARCEL KHOURY