Danier Leather Inc. Provides Update On Class Action Matter


TSX SYMBOL: DL.SV

Dec 14, 2005 - 14:22

TORONTO, ONTARIO--(CCNMatthews - Dec. 14, 2005) - Danier Leather Inc. (TSX:DL.SV), has been informed that the Ontario Court of Appeal will release its decision in the Kerr v. Danier class action matter tomorrow (Thursday, December 15, 2005) at 5:00pm.

About Danier

Danier Leather Inc. is a leading integrated designer, manufacturer, and retailer of high-quality leather and suede clothing and accessories. The Company's merchandise is marketed exclusively under the well-known Danier brand name and is available only at its 97 shopping mall, street-front, and power centre stores, or through its corporate sales division and online through its website, www.danier.com.

Note: This press release contains forward-looking statements that involve risks, estimates, and uncertainties in connection with the class action lawsuit. For an expanded discussion of risks and uncertainties, please see the documents filed by Danier Leather Inc. with the Ontario Securities Commission. Danier disclaims any responsibility to update or revise such forward-looking statements whether as a result of new information, future events or otherwise.



FOR FURTHER INFORMATION PLEASE CONTACT:
Danier Leather Inc.
Investor Relations Contact - Jeffrey Wortsman
President and Chief Executive Officer
(416) 762-8175 ext. 302
(416) 762-7408 (FAX)
leather@danier.com

or

Danier Leather Inc.
Bryan Tatoff
Senior Vice-President and Chief Financial Officer
(416) 762-8175 ext. 328
(416) 762-6072 (FAX)
bryan@danier.com