Earlier this week, the Proposal Trustee, Legal Counsel for the Archdiocese and Representative Counsel for the Claimants met and discussed the concerns raised regarding the future of the
Catholic Cemeteries in the Archdiocese. We are pleased to report that an agreement in
principle has been reached with respect to all existing Cemetery Lands in the Archdiocese and that no existing Cemetery Lands will be marketed for sale (cemetery properties previously listed within the tender package have been removed). Ownership of existing Cemetery Lands will be retained by the Catholic community. The Cemetery Lands agreement will be presented to the Court for approval in the near future.