Wyser-Pratte Currently Holds 7% of IWKA (IWK GR) Shares

NEW YORK--(BUSINESS WIRE)--Oct. 14, 2005--Wyser-Pratte Management Company has increased its position in IWKA to over 7% of the outstanding shares. Wyser-Pratte continues to believe in the company's potential to improve its operations and increase its value, and looks forward to working with the new Supervisory Board and new CEO.

Wyser-Pratte Management Co., Inc.

Adam Treanor,

646-735-5000

Director of Research