MAJESTIC CONTRACTORS TO PURCHASE SHARES
<Majestic Contractors Ltd>
said it will purchase up to a maximum of 403,828 of its common
shares on the Toronto Stock Exchange at the market price.
    Purchases will begin on April 13, 1987 and will end when
Majestic has bought 403,828 common shares or on April 12, 1988,
whichever comes first.
 Reuter
