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Dorel Announces Management Change at Dorel Juvenile Group

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Dorel Industries Inc. announced that Bruce Cazenave, President and CEO of Dorel Juvenile Group, Inc., consisting of Dorel Juvenile Group (DJG) USA, has left the company to pursue other opportunities. While a search for a replacement is underway, Camillo Lisio, Dorel's Chief Operating Officer, will oversee operations of the division to ensure on-going continuity. "We have an excellent senior management team in place at DJG USA to handle day-to-day affairs. I know they will be entirely effective during this transition period," said Mr. Lisio. About Dorel: Dorel Industries is a global consumer products company engaged in the designing, manufacturing and marketing of a diverse portfolio of powerful consumer brands, sold through its Juvenile, Home Furnishings, and Recreational/Leisure segments. Headquartered in Montreal, Dorel employs approximately 5,000 people in fourteen countries. Dorel also has offices in Shanghai and Shenzhen, China which oversee the sourcing, engineering and logistics of all Asian operations. 2004 sales were US$1.7 billion. US operations include Dorel Juvenile Group USA, which markets the Cosco and Safety 1st brands as well Eddie Bauer and Disney Baby licensed products; Ameriwood Industries, which markets ready-to-assemble products under the Ameriwood, Carina, SystemBuild, Altra Furniture and Ridgewood/Charleswood brands as well as California Closets and Trading Spaces licenses; Cosco Home & Office, which markets home/office products under the Cosco and Cosco Ability Essentials brands and Samsonite license; and Pacific Cycle, which markets the Schwinn, Mongoose, GT, InSTEP and Roadmaster brands. In Canada, Dorel operates Dorel Distribution Canada, Ridgewood Industries and Dorel Home Products. Dorel Europe markets juvenile products throughout Europe, under the Bebe Confort, Maxi-Cosi, Quinny, Safety 1st, Babideal, Mon Bebe and Baby Relax brands. Dorel Asia sources and imports home furnishings products.

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