Beaumont Select Corporations Inc (BMN.A) Records Loss of 1 Cent Per Share For 2011-2012 Year

Beaumont Select Corporations Inc (TSX VENTURE:BMN.A) recently released its
fourth quarter and full year results. Net loss for the year was $195 thousand (1
cent per share) compared to a profit of $1.158 million (7 cents per share)
during the prior year.


FINANCIAL HIGHLIGHTS

The Corporation's financial results for the twelve months ended June 30, 2012
and comparisons to the same period from the previous fiscal year include the
following:


- While the TSX composite index declined 12% during the year, the Corporation's
portfolio of equity investments increased 6%.




Changes to the portfolio of equity securities: ($ millions)                 
                        June 30, 2012   June 30, 2011  Twelve Month Change  
                     -------------------------------------------------------
Portfolio value              $ 17.310        $ 22.363                (22.6%)
Margin Loan                     6.035          11.739                (48.6%)
Equity in Portfolio            11.275          10.624                    6% 



- Sales in the Food Division decreased by 1.2% during the year compared to 2010-11. 

- Operating margin decreased to 0.85% of sales from 4.9% the year before,
largely because of increases in input costs. 


- The Investment Division produced $1.107 million in unrealized gains, and
realized a loss of $615 thousand on its portfolio of equity securities. 


- Net loss for the year to the shareholders of the corporation was $163 thousand
(1 cent per share).




Financial Highlights                                                        
(in thousands of dollars except share and per share information)            
                                     Three Months Ended  Twelve Months Ended
----------------------------------------------------------------------------
                                     Jun 2012  Jun 2011   Jun 2012  Jun 2011
----------------------------------------------------------------------------
                                                                            
Net Revenues                         $  4,506  $  3,887   $ 18,249  $ 18,470
Operating margin                          121       (55)       155       911
Net Income (Loss)                        (192)   (2,853)      (195)    1,158
Net Income (Loss) per share -basic      (0.01)    (0.18)     (0.01)     0.07
EBITDA from continuing operations        (196)   (2,848)       928     2,701
EBITDA per share - basic                (0.01)    (0.18)      0.06      0.17
EBITDA per share - diluted              (0.01)    (0.18)      0.06      0.17
                                                                            
                                                           as at            
                                              ------------------------------
                                                     Jun 2012       Jun 2011
                                              ------------------------------
Total Assets                                           34,898         40,503
Total Long-Term Debt                                        7             16
Shareholder's Equity                                   21,474         21,693
Shares outstanding                                 16,171,597     16,215,597



As of October 24, 2012 the total market value of the portfolio of investments
has increased to $23.655 million from its June 30th, 2012 position, and the
margin loans have increased to $10.641 million, resulting in an increase in the
equity portion of the portfolio to $13.014 million. This represents a gain of
15.4% since the fiscal year end, compared to the TSX composite index increase of
5.2% since the end of the fiscal year.


Beaumont Select Corporations Inc is management and investment corporation with
investments in the food industry, as well as a portfolio of equity securities.
Beaumont Select is listed on the TSX Venture exchange under the ticker symbol
BMN.A.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Beaumont Select Corporations Inc.
Winston Ho Fatt
Chief Executive Officer and President
[phone]