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CANLAN ICE SPORTS
Investor Presentation
Joey St-Aubin - President & CEO
Mike Gellard – CFO
May 2010
Forward Looking Statements


This presentation may contain forward-looking statements,
which may be identified by words like "expects", "anticipates",
"plans", "intends", "indicates" or similar expressions. These
statements are not a guarantee of future performance and are
inherently subject to risks and uncertainties. The Company's
actual results could differ materially from those currently
anticipated due to a number of factors set forth in reports and
other documents filed by the Company with Canadian
securities regulatory authorities from time to time.
Market Overview

                                                                         Registrations growing
         Hockey is a
         growing                                                         +4.5% Youth
         sport in every                                                  +18% Female
         major
         category                                                        +6.8% Adult
*Sources Hockey Canada Registrations 2008/09; Canlan Registrations 2008/09
About Canlan

            • Strong brand
  More      • Successful
than just     programs
            • 10 years of steady
   ice        growth
 rentals    • Geographic
              diversification
Successful Programs
2009 Metrics

• Generated $22.8 million, up
  6% over 2008
• More than 18,200
  participants

• Hosted 47 events with 1,638
  teams

• 17.4 million page views
Adult Safe Hockey Network
Steady Financial Results


 10+         • Profitable
years of     • Strong balance
               sheet
 growth
Steady Performance

Revenue                      EBITA
(millions)                   (millions)

                     $67.2                $11.2
                                                  $10.9
             $64.7
     $62.5                       $10.2




     2007    2008    2009         2007     2008   2009
Steady Performance

Earnings                   Net Earnings
                           (millions)
before taxes
(millions)
                    $3.3
                                        $3.8
             $2.1
                                               $2.7
    $1.6
                                $0.8


    2007     2008   2009        2007    2008   2009
Q1 Results

Revenue                  EBITA
(millions)               (millions)

        $19.4    $19.9            $5.0
                                             $4.7




         2009    2010                 2009   2010
Q1 Results

Earnings                 Net Earnings
                         (millions)
before taxes
(millions)
          $3.0                        $2.0   $2.0
                  $2.8




         2009     2010                2009   2010
Q1 Results

Cash position               Interest bearing debt
(millions)                  (millions)

                     $5.7            $51.8
                                                $48.2
             $4.2




         2009        2010                2009   2010
Reasons for Success

•   High customer loyalty and retention
•   National coverage
•   High barriers to entry
•   Economies of scale
•   Experienced management team
Recent Developments

1. Expansions
  •   Vineland, New Jersey
  •   Fort Wayne, Indiana
2. Strengthened balance sheet
3. Marketing agreement with Molson Coors
   Canada
4. Richmond Olympic Oval Satellite League
Growth Strategy

1.   Targeted expansion into U.S. markets
2.   Manage/Lease Acquisition model
3.   Sponsorship program with Molson-Coors
4.   Maximize utilization
5.   Energy management
Investment summary

• Largest owner/operator of recreational ice
  facilities
• 10 consecutive years of steady financial
  performance
• Growth driven by expansion, marketing
  and product development activities
Questions


Michael Gellard
Chief Financial Officer
mgellard@icesports.com
(604) 736-9152 ext 108
Market Facts

Ticker Symbol:                    ICE
Recent share price:               $2.02*
Common shares outstanding:        ~13.3M
Market Capitalization:            $26.6M
52-Week Price Range:              $1.10 - $2.10
Fiscal Year-End                   December 31

* As of May 14, 2010
Canlan’s Facilities

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Canlan investor presentation may 2010

  • 1. CANLAN ICE SPORTS Investor Presentation Joey St-Aubin - President & CEO Mike Gellard – CFO May 2010
  • 2. Forward Looking Statements This presentation may contain forward-looking statements, which may be identified by words like "expects", "anticipates", "plans", "intends", "indicates" or similar expressions. These statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. The Company's actual results could differ materially from those currently anticipated due to a number of factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time.
  • 3. Market Overview Registrations growing Hockey is a growing +4.5% Youth sport in every +18% Female major category +6.8% Adult *Sources Hockey Canada Registrations 2008/09; Canlan Registrations 2008/09
  • 4. About Canlan • Strong brand More • Successful than just programs • 10 years of steady ice growth rentals • Geographic diversification
  • 5.
  • 7. 2009 Metrics • Generated $22.8 million, up 6% over 2008 • More than 18,200 participants • Hosted 47 events with 1,638 teams • 17.4 million page views
  • 9. Steady Financial Results 10+ • Profitable years of • Strong balance sheet growth
  • 10. Steady Performance Revenue EBITA (millions) (millions) $67.2 $11.2 $10.9 $64.7 $62.5 $10.2 2007 2008 2009 2007 2008 2009
  • 11. Steady Performance Earnings Net Earnings (millions) before taxes (millions) $3.3 $3.8 $2.1 $2.7 $1.6 $0.8 2007 2008 2009 2007 2008 2009
  • 12. Q1 Results Revenue EBITA (millions) (millions) $19.4 $19.9 $5.0 $4.7 2009 2010 2009 2010
  • 13. Q1 Results Earnings Net Earnings (millions) before taxes (millions) $3.0 $2.0 $2.0 $2.8 2009 2010 2009 2010
  • 14. Q1 Results Cash position Interest bearing debt (millions) (millions) $5.7 $51.8 $48.2 $4.2 2009 2010 2009 2010
  • 15. Reasons for Success • High customer loyalty and retention • National coverage • High barriers to entry • Economies of scale • Experienced management team
  • 16. Recent Developments 1. Expansions • Vineland, New Jersey • Fort Wayne, Indiana 2. Strengthened balance sheet 3. Marketing agreement with Molson Coors Canada 4. Richmond Olympic Oval Satellite League
  • 17. Growth Strategy 1. Targeted expansion into U.S. markets 2. Manage/Lease Acquisition model 3. Sponsorship program with Molson-Coors 4. Maximize utilization 5. Energy management
  • 18. Investment summary • Largest owner/operator of recreational ice facilities • 10 consecutive years of steady financial performance • Growth driven by expansion, marketing and product development activities
  • 19. Questions Michael Gellard Chief Financial Officer mgellard@icesports.com (604) 736-9152 ext 108
  • 20. Market Facts Ticker Symbol: ICE Recent share price: $2.02* Common shares outstanding: ~13.3M Market Capitalization: $26.6M 52-Week Price Range: $1.10 - $2.10 Fiscal Year-End December 31 * As of May 14, 2010