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GENMAR HOLDINGS, INC. FILES FOR CHAPTER 11 REORGANIZATION June 1, 2009 / www.genmar.com Genmar Holdings, Inc. (Genmar) announced today that it has filed for Chapter 11 reorganization protection in the U.S. Bankruptcy Court. Irwin L. Jacobs, Chairman and CEO of Genmar, stated, “I have been in the boating industry for over 30 years, and throughout those many years, I have personally experienced several of what I thought were the worst and most difficult business conditions our industry had ever gone through. However, those conditions do not even remotely resemble anything close to what has taken place in the retail and wholesale recreational boating industry over the past approximately 12 months. If someone would have said to me as recently as even one month ago that Genmar would someday be filing for Chapter 11, I would have said it was not even a remote possibility. I’ve always looked for ways to enhance Genmar’s balance sheet and felt that even though business conditions were incredibly difficult, there were alternatives available. Unfortunately, I didn’t have the necessary time to complete any alternative financing acceptable to the banks. I am sure none of that is necessarily comforting to those individuals and/or companies who are being affected by Genmar’s filing for Chapter 11. Although it’s impossible for me to try to anticipate and/or answer in this press release all of the questions that I am sure are being asked by our Genmar dealers, vendors, and employees, it is important that every interested party affected by Genmar’s situation knows that we plan on successfully reorganizing and ultimately coming out of Chapter 11 as a stronger and better company with a bright and stable future ahead in the recreational boating industry. Surely it’s going to be very difficult for most people to understand and/or anticipate the stressful days, weeks, and months ahead. I know I can speak for everyone within Genmar, including myself, that we are fully committed not only to getting through the very difficult and stressful times that are ahead of us, but we’re committed to attempting to do everything humanly possible throughout the Chapter 11 proceedings in trying to help each Genmar dealer, vendor, and employee as best we can. I have every reason to believe that GE Finance will continue their Genmar dealer floor plan financing program subject to the Court’s approval, which will take place over the next few days.” Jacobs further stated, “We believe that Genmar will have access to sufficient cash and has current assets available to support our ongoing businesses to service and build dealer boat orders and pay our vendor suppliers on future purchases promptly. Genmar has received a commitment for Debtor-in-Possession (DIP) financing proposal from the Wells Fargo and Fifth Third banks that will be submitted for approval to the bankruptcy court in the first bankruptcy hearing scheduled to take place within the next few days. Additionally in the first court hearing, Genmar will be asking the bankruptcy court for approval to allow Genmar to pay appropriate dealer warranty and rebate claims. Genmar currently has over $100 million of current assets as well as substantial additional fixed assets and intangible assets that we believe will allow Genmar to come through and exit the Chapter 11 proceedings as a financially stable and strong company with a great future ahead of it in the boating industry. Further, Genmar will be submitting an overall reorganization plan for approval to the bankruptcy court as soon as possible, which will include the necessary details for all interested parties to better understand Genmar’s short and long-term plans and objectives in ultimately successfully exiting the Chapter 11 proceedings. It’s our intention to do everything we can to protect and support our valuable Genmar brands which will ultimately allow Genmar to exit Chapter 11 and continue to be a leader in the recreational boating industry.” About Genmar Holdings, Inc. Genmar, with approximately 1,500 employees and five manufacturing centers, is the builder of 15 premier brands of recreational boats which include, Carver®, Champion®, FinCraft®, Four Winns®, Glastron®, Hydra-Sports®, Larson®, Marquis®, Ranger®, Scarab®, Seaswirl®, Stratos®, Triumph®, Wellcraft®, and Windsor Craft®. Genmar boats are sold worldwide through its approximately 1,100 dealers.

Lake Surveys Will Help Manage Fisheries Natural Resources Crews Monitoring Northeastern Ontario Lakes For Immediate Release June 18, 2009 NEWS Provincial fisheries staff are out on northeastern Ontario lakes this summer, monitoring their health and gathering information to help manage fish populations effectively. Teams of biologists and technicians have collected samples from about 60 lakes to test for water quality and invasive species. Crews recently began biweekly angler surveys by plane. Starting June 22, crews will begin netting surveys on about 60 inland lakes. If you're on a lake that is being monitored and see Ministry of Natural Resources buoys, please avoid recreational activities in these areas. All nets will be clearly marked. QUICK FACTS This is the second year of a five-year cycle to collect information for fisheries management. Over five years, the ministry will monitor approximately 500 lakes across the Northeast Region. Crews will conduct netting surveys in 30 lakes in Fisheries Management Zone (FMZ) 11 (around North Bay), 20 lakes in FMZ 8 (near Timmins and Kirkland Lake) and nine lakes in FMZ 10 (north of Elliot Lake). About 1.4 million anglers fish in Ontario each year. They spend more than $2.3 billion in the province annually. For More Information Jeff Amos, Northeast Science and Information, 705-235-1214 Media Desk, Communications Services Branch, 416-314-2106 General EnquiriesNatural Resources Information Centre 1-800-667-1940 TTY 1-866-686-6072 (Hearing Impaired)

Handle with care: Releasing fish to survive June 21, 2009 Sam Cook www.duluthnewstribune.com We called upon three veteran and trusted guides—one for muskies, one for lake trout and one for walleyes— to describe how they handle and release fish to increase odds for survival. Here are their tips: Muskies Dustin Carlson, Northland Muskie Adventures Guide Service, Duluth, Minn. Before you catch the fish: “The most important thing is to have a big net. It’s important to scoop it up in a net and have a large net that can support a 50-inch fish.” Handling the fish: “Do not take it out of the water. You always want to have your tools in the boat—a bolt-cutter and long needle-nose pliers to remove the hook.” Try the bolt-cutter first cutting the hook as close as possible to the bend. “You want the least amount of hook exposed in the mouth,” Carlson said. “Use the needle-nose if the hook isn’t buried. Keep your hands away from the fish’s mouth. Twist the hooks out without holding onto the bait. Take the bait out of the net before you grab the fish to take a picture of it.” Measuring the fish: A plastic “bumpboard” with a stop at one end is the most accurate way to measure a fish. Wet the board before laying the fish on it so you don’t remove the fish’s slime covering. Photo time: Lift the fish into the boat with the net. Slip one hand underneath the gill cover. Rubber gloves will protect your hands. “It’s very important to support the fish with the other hand toward the middle of the fish and lift it horizontally,” he said. The release: “Try to keep her horizontal,” Carlson said. “Lay her in the water very gently. Hold her by the tail and let her sit in the water. Sometimes I’ll wiggle her or rub her belly. That seems to calm them.” When the muskie is ready, she will slowly swim away. Trout Jim Hudson, Hudson’s On the Spot Guide Service, Bayfield, Wis. Releasing lake trout: “The biggest thing is the waves and getting them underneath the waves so they can get oriented,” Hudson said. “In a small boat, stop the boat and get their head underneath the wave. If they just sit on the surface, they’ll be disoriented and they’ll die. “On bigger boats, it’s a problem because you can’t get them down to wave height. The best thing I’ve seen is to ‘spear’ them down into the water. Grab them by the tail and hold them [with your other hand] near their pectoral fin. When you get into the trough of a wave, spear them down. That immediately sends them into the ‘get-the-heck-out-of-here’ mode.” Consider the live well: “If you have a live well, put them in there,” Hudson said. “Have someone keep them upright and keep the water flowing over them. You’ll see them get their strength back.” Photo time: “You have to hold tight on the gill plate [with one hand] and either near the midsection or the anus with the other hand to cradle it, to support its weight. If it’s grabbed by [just] the head or the tail, you can hear that vertebrate pop [and the fish will die],” Hudson said. “If you hold the fish more vertically, support it with your hand or your legs.” Walleyes Mike Berg, Seagull Creek Fishing Camp, Grand Marais, Minn. Removing hooks: “If they’re hooked down deep in the gullet, the popular belief is to cut the line. I go in with a needle-nose [pliers] through the gills. You put the needle-nose on the shank . . . twist against the bend of the hook, then it’s out of the gullet. Then I release the hook and pull the pliers out. The hook just pops out. It’s a lot better than sticking the needle-nose straight down into the gullet.” Holding a fish for a photo: Berg prefers a two-handed lift, with one hand just inside the walleye’s gill cover— avoiding the gills themselves— and another hand supporting the lower part of the fish. “It’s definitely better than a vertical hold. You don’t have all that pressure on the fish’s head,” he said. The release: First, lower the fish to the water with both hands. “Hold onto the tail real lightly at the very skinny part of the tail,” Berg said. “Kind of keep the fish there. A lot of people hold on too hard and too long. She’ll kick and go when she’s ready.”

Lord I had to look that one up which of course made me giggle when I read this.... "Only superficially relevant" That's emoticon for *grin* Garry.

The Prince "S" "Thrice Lucky" "3 Times a Lady" ok that's bad! "Third Times a Charm" Keep in mind if I was good at this my boat would already have name....

Since this new boat will obviously be a source of pleasure I suppose "Miss Stress" is not quite fitting.....LOL

Those are indeed some great looking musky Clive, as johnnyb said "very green". Good of you to point out the 10 fish limit Roy....LOL Over all a great report. I wish I had half of your energy and drive.

Congratulations Cliff, I'm very happy for you and Sue. It sounds like a beautufil craft and I hope you and your new lady become very intimate. A round of applause for Roy, Marc and Luc. Speaking of ladies I just spoke with Wayne and he's had your ole gal out several times already and is very, very happy. His boys are also pleased to be out catching fish with thier dad, a round of applause for you too.

I'll take the liberty of responding for the Capt. (with all due respect Kevin), yes Jocko that is the place.

I'd say she damn well had! Good on her and thanks for taking the time to share that with us Kevin.

Anyone? I'll do my bit if it gets to Lakair.

Honestly I hope it rains all day, it'll make for good worm picking tonight and those Lakair walleye loves worms.

It hasd been in Capt Hooked's family (Cameron) since it was built in 1919, perhaps he'll pipe in and regale us with the history of the name

You want inequities, look no further than over paid (supposed) pro atheletes. Many of you here are likely supporting those perverse incomes. Many of the well trained/educated/shift working folks we rely on to protect, care for and save our sorry asses are indeed grossly underpaid in comparison. That is how skewed our society has become. End of rant, end of discussion!

I have reels loaded with Fireline from the first year it came out, I also have reels with PP and of course mono. Bottom line, used in the right application they're all good, get it wrong and it's all bad.

Wonderful, I look forward to meeting you.

Verrrrry niiiiiice So you going to drop by Lakair during the G2G?

I'm betting lots of bass will still be on the beds come opening weekend.

A regular plethora of fishies you got there Bruce. I'll bet the weather kept the bug bites to a minimum.

Belated best wishes and congrats on that hole-in-one.

Super, I'd love to spend time on a lake like that with a flyrod.

I always thought that was a courtesy extended in lieu of shouting over the old 2 stroke for "thanks for not ramming into me".

Thursday morning Chris....THURSDAY !

You know you have a sickness when it leaves you so poor you can't afford to go anywhere to use it.

Why were you Googling "Lake Nipissing Girls" in the first place? What were you hoping to find? Inquiring minds want to know.