Entered into an agreement with Milkwood Capital (UK) Ltd. on July 16, to purchase for cancellation 1,300,000 of its common shares owned by Milkwood for a price per Repurchased Share corresponding to the lesser of (i) $2.55 (representing 96% of the volume-weighted average price of the common shares of Aimia on the Toronto Stock Exchange for the 20 trading days ended on July 16) and (ii) $2.53 (representing 96% of the volume-weighted average price of the common shares of Aimia on the TSX for the three trading days ended on July 19), the date of closing. Aimia Inc. shares T.AIM are trading unchanged at $2.62.