The Retail Finance Group of GMAC Commercial Finance Funds a $12.5 Million Senior Credit Facility to Canadian Clothing Retailer Fair Vane Corporation.

QUINCY, Mass. -- The GMAC Commercial Finance (GMAC CF) Retail Finance Group announced today the funding of a $12.5 million senior credit facility to clothing retailer Fair Vane Corporation (Fair Vane). The facility will be used for working capital and to facilitate Fair Vane growth opportunities in the United States.

Headquartered in Toronto, Ontario, Fair Vane operates 67 U.S. retail stores under the Urban Behavior banner, a successful Canadian unisex retail concept.

"We are pleased that the Retail Finance Group of GMAC Commercial Finance has entered into this new credit facility, which increases our borrowing capacity, financial flexibility, and ability to execute our growth strategy," stated Arif Noor, Fair Vane president. "I am pleased to have an institution as strong and knowledgeable in the retail industry as GMAC Commercial Finance."

"We're pleased to have the opportunity to provide Fair Vane with this credit facility and to support the company's working capital needs and plans for future growth," said Andrew H. Moser, senior managing director of GMAC CF's Retail Finance Group. "This financing positions Fair Vane to grow the business significantly in the United States. The GMAC Commercial Finance Retail Finance Group has a tremendous amount of confidence in the company's ownership and management and is proud to have Fair Vane as a client."

About Fair Vane:

In November 2004, Fair Vane bought certain assets of all Weathervane stores, a U.S.-based clothing chain, out of bankruptcy. The banner was changed to Urban Behavior in March 2006 under the direction of Arif Noor, chairman and CEO of Clothing for Modern Times, a Canadian corporation operating under the store names Urban Behavior and Costa Blanca. Urban Behavior is a unisex retailer primarily targeting customers between the ages of 14 and 22 with trendy apparel and a limited selection of footwear, accessories and makeup.

About GMAC CF's Retail Finance Group:

As part of the Asset Based Lending Division, GMAC CF's Retail Finance Group is recognized nationally as a leader in delivering creative capital solutions relevant to the ever-changing marketplace. During times of strategic growth, change and opportunity, and throughout today's fast-paced business cycles, the Retail Finance Group is the best choice for retailers and consumer product companies with revenues in excess of $35 million.

GMAC Commercial Finance, considered a leader in its segment of the financial services market, provides asset-based lending, equipment finance/leasing, structured finance, factoring and supplier early payment services to a wide variety of middle-market clients in diverse industries. Loan facilities are in the $10 million to $200 million range. With locations in the United States, Canada, Hong Kong, Poland and the United Kingdom, GMAC Commercial Finance is positioned to provide lending services worldwide. Learn more online at www.gmaccf.com.

Headquartered in Southfield, Mich., GMAC CF is part of GMAC Financial Services. Located in Quincy, Mass., the Retail Finance Group can be reached at [phone].