Nisga'a Nation clarifies relationship with Nisga'a Knit & Apparel Corp. and

The Nisga'a Nation's government structure is comprised of Nisga'a LisimsGovernment, which acts on behalf of the Nisga'a Nation, four VillageGovernments and three Urban Locals, representing the urban Nisga'a populationin Terrace, Prince Rupert and Vancouver, British Columbia. There is no entityknown as the "Nisga'a First Nation".

Contrary to the impression left with the press on November 16, 2007, theNisga'a Nation has not purchased 29 percent of the shares of Kootenay KnittingCompany Ltd., rather, the Laxgalts'ap Village Government, one of the fourNisga'a Village Governments, has purchased those shares indirectly through itseconomic development corporation.

The Nisga'a Nation is considering making a contribution to theLaxgalts'ap Village Government in accordance with processes established underthe Nisga'a Economic Development Fund Act to assist the Village with thisinvestment.

For further information

G. Les Clayton, Tel (250) 633-3000, Email: