Cinram Mfg.LLC, a wholly owned subsidiary of Cinram International Inc., today announced that it will be reducing its Olyphant workforce by approximately 200 employees in response to an anticipated decline in work volumes. The layoffs, which will take place today, will affect a wide cross-section of manufacturing positions. Cinram will be providing outplacement services to all of the laid-off employees.

About Cinram
Cinram International Inc., an indirect, wholly-owned subsidiary of the Cinram International Income Fund, is the world's largest provider of pre-recorded multimedia products and related logistics services. With facilities in North America and Europe, Cinram International Inc. manufactures and distributes pre-recorded DVDs, audio CDs, and CD-ROMs for motion picture studios, music labels, publishers and computer software companies around the world. Cinram now also provides distribution and logistics services to the telecommunications industry in North America and Europe through its wireless subsidiaries. The Fund’s units are listed on the Toronto Stock Exchange under the symbol CRW.UN. For more information, visit www.cinram.com.