Circa Completes Acquisition

Jul 26, 2002, 01:00 ET from Circa Enterprises Inc.

    CALGARY, July 26 /PRNewswire-FirstCall/ - Circa Enterprises Inc. (CTO-
 TSX), a manufacturer of surge protection devices and related components for
 the telecom industry, is pleased to announce that it has completed the
 purchase of 100% of the outstanding shares of a privately held custom metal
 fabricating operation located in Markham, Ontario announced on July 22, 2002
 for consideration of $1,100,000.
     This acquisition allows Circa to diversify its business interests and
 expand its control over its current manufacturing supply chain. It also
 provides an opportunity to establish a presence in the Ontario marketplace,
 with the potential for growth in markets for existing and new products.
     Circa adds the Markham facility to its existing manufacturing locations
 in Calgary and Hudson, Florida, as well as its new sales and distribution
 facility in Tampa, Florida. Circa Enterprises Inc. is a public company with
 offices in Alberta and Florida, trading on the Toronto Stock Exchange under
 ticker symbol CTO. The Toronto Stock Exchange has neither approved nor
 disapproved the information contained herein.

SOURCE Circa Enterprises Inc.