Normiska Announces Key Results For The Three Months Ended January 31, 2002 March 27, 2002 MISSISSAUGA, ONTARIO -- Normiska Corporation (CDNX - NCO) is pleased to announce that the key results from operations for the three months ended January 31, 2002. January 31, 2002 January 31, 2001 Product Sales $2,356,536 $1,698,993 Gross Margin $1,398,862 $699,996 EBITDA $166,109 $178,182 During the 3 fiscal years 1999, 2000 and 2001, the Corporation's product sales grew from $485,000 to $9,994,000. In order to meet the dramatic rise in the volume of business the Corporation has upgraded its personnel and infrastructure. The Corporation is currently implementing a new strategy for distribution of products designed to improve earnings. Management anticipates that the results of these changes will begin to impact the Corporation's earnings in the 3rd quarter. The Corporation's first quarter report is currently available at www.normiska.com. The Corporation's annual meeting is being held at its head office located at 6465 Millcreek Dr., Suite 200, Mississauga, ON at 3:30PM, March 28, 2002. Normiska's core business is the production, manufacturing and sale of horticultural raw materials. Normiska Corporation manufactures vermiculite and perlite, harvests peat moss and manufactures Jack Pine bark composts and mulches for the horticultural industry with production plants in Lachine, Quebec and Fort Frances, Ontario. Normiska has 9,209,344 common shares issued and outstanding. WATCH US GROW! FOR FURTHER INFORMATION PLEASE CONTACT: John M. Arnold, Chairman and CFO David Graham, President and CEO (905) 816-2334 (PHONE) (905) 816-1339 (FAX) e-mail: normisk1@on.aibn.com Web: www.normiska.com No securities commission or stock exchange has approved or disapproved of this news release.