TWC TWC Enterprises Limited

TWC Enterprises Limited (TSX:TWC) -

The White Pass & Yukon Route Railway, headquartered in Skagway, Alaska, confirms
that one of its scheduled scenic excursion trains partially derailed in Alaska
at approximately 1:55 p.m. local time on July 23, 2014 near Milepost 20
northeast of Skagway. The location of the derailment is on a section of track
that routinely handles thousands of passenger excursion trips annually across
the scenic and historic White Pass & Yukon Route constructed at the turn of the
last century. The derailment involved two vintage locomotives and four of 15
passenger rail cars. The train was carrying approximately 360 passengers and
crew. There were 19 people treated at the clinic in Skagway for various bumps
and bruises type injuries and everyone was released within hours of arriving at
the clinic. "Any injury connected to our rail operations, whether to our
passengers or our employees, is always considered serious," said John Finlayson,
President of White Pass & Yukon Route Railway. "Although we have not yet
identified the specific cause or causes of this incident, a thorough
investigation is underway, and all reasonable efforts will be made to ensure
that safe operations remain the overriding focus of our workforce and management
team."


White Pass & Yukon Route rail operations have been temporarily suspended to
allow its investigation to proceed and expert analysis of the cause to be
completed. It is anticipated that rail operations will resume as soon as the
company can assure the safety of its passengers and employees. "Safety is, and
always will be, our number one priority," Mr. Finlayson said.


All required regulatory reporting requirements concerning the incident have been
met, and our insurers have also been notified. The railway is expected to resume
full operations on July 25, 2014.


Corporate Profile

TWC is engaged in golf club operations under the trademark, "ClubLink One
Membership More Golf." TWC is Canada's largest owner and operator of golf clubs
with 55.5 18-hole equivalent championship and six 18-hole equivalent academy
courses at 45 locations in Ontario, Quebec and Florida.


TWC is also engaged in rail, tourism and port operations based in Skagway,
Alaska, which operate under the trade name "White Pass & Yukon Route." The
railway stretches approximately 177 kilometres (110 miles) from Skagway, Alaska,
to Whitehorse, Yukon. Presently, approximately 110 kilometres (67.5 miles) of
the railway is in active service from Skagway, Alaska, to Carcross, Yukon. In
addition, White Pass operates three docks, primarily for cruise ships.


FOR FURTHER INFORMATION PLEASE CONTACT: 
White Pass & Yukon Route
Mr. John Finlayson
President
907-983-9800
907-983-2017 (FAX)
jfinlayson@clublink.ca


TWC Enterprises Limited
Mr. Robert Visentin
Chief Financial Officer
905-841-5360
905-841-1134 (FAX)
rvisentin@clublink.ca

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