ARCTIC GROUP SIGNS PETRO CANADA SUPPLY DEAL

Winnipeg, Manitoba - The Arctic Group announced today that it has signed a three-year supply agreement with Petro Canada to supply its convenience store and gasoline locations with Arctic Glacier Premium Ice. Petro Canada is one of Canada's largest gasoline and convenience store operators.

Under the terms of the three year agreement, in markets serviced by The Arctic Group, Arctic Glacier Premium Ice will be the exclusive designated packaged ice supplier to Petro Canada's corporate locations as well as the recommended preferred supplier to franchise locations. Petro Canada operates over 700 corporate locations as well as 1100 franchise locations.

The supply agreement covers Quebec, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia.

The Arctic Group is a leading North American producer, marketer and distributor of high-quality packaged ice products to consumers in Canada and the U.S. under the "Arctic Glacier" brand. The Arctic Group is committed to creating shareholder value through prudent management and growing penetration of its branded ice products in key target markets.

For further information, call The Arctic Group Inc. TOLL FREE at 1-888-573-9237 or visit The Arctic Group's Web Site at http://www.arcticgroup.com.

(Signed)
On behalf of the Management and the Board of Directors of The Arctic Group Inc.,
Robert Nagy, President & CEO.

The Toronto Stock Exchange does not approve or disapprove of the adequacy or accuracy of this release.