2008-12-02 06:09:05
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Listed Closing Values do not include regular dividends.

Symbol	Announced Date	Closing Value	Last Price	Closing Date	Profit	Annualized Profit
GW	2008-08-25	$6.47	$5.06	2008-12-10	27.95 %	1275.33 %

Additional Information

If the merger is completed, Grey Wolf shareholders will receive $5.00 in cash and 0.1883 Precision Drilling Trust units for each Grey Wolf common share.

Grey Wolf Merger News:

Date	Update
2008-08-25	Precision Drilling to Buy Grey Wolf (at TheStreet.com)
2008-08-26	Grey Wolf Shareholders Deserve Better Buyout Offer (at Seeking Alpha)
2008-08-27	Grey Wolf deal has $64 mln break-up fee (at Reuters)
2008-09-29	Grey Wolf and Precision Drilling Receive Antitrust Approval for Their Proposed Merger
2008-10-23	Precision still committed to Grey Wolf deal - CEO (at Reuters)
2008-10-30	Grey Wolf a Buy on Merger (Zacks.com)
2008-11-14	ISS RiskMetrics and Proxy Governance Recommend Grey Wolf Shareholders Approve Merger with Precision Drilling (Business Wire)
2008-11-21	Grey Wolf a Buy Pre-Merger (Zacks.com)

View Closing Conditions for the Grey Wolf (GW) Merger

View Financing Conditions for the Grey Wolf (GW) Merger

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