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Wednesday, March 9, 2008

PRO GROUP ELECTS SYNNOTT PRESIDENT AND CEO

The PRO Group Inc. board of directors elected Steve Synnott president and chief executive officer, effective May 1, 2008. A 15-year veteran of PRO Group, Synnott previously served as PRO Group’s president and chief operating officer.
Richard Paige, formerly chief executive officer, was elected chairman of the board of PRO Group, also effective May 1, 2008.

Paige stated, “The promotion of Steve to CEO is a key element of PRO Group’s management succession plan put into place two years ago. Steve has long-standing experience with wholesaler and retailer operations as well as wholesaler group dynamics. He is committed to deliver value to PRO Group members. As CEO, Steve will be responsible for the strategic direction of PRO Group as well as the day-to-day operations.”

Synnott commented, “I am excited to continue a tradition initiated by PRO Group founder Paul Cosgrave in the early 1950s. PRO Group remains dedicated to the success of independent retailers offering leading-edge marketing, merchandising and promotional resources.”