NEW LOOK VISION GROUP INC. ANNOUNCES RECORD THIRD QUARTER REVENUES FOR 2017 AND ITS QUARTERLY DIVIDEND

Montreal, Quebec, Novembre 13, 2017

New Look Vision Group Inc. (TSX: BCI) (“New Look Vision”), announcedtoday its financial results for the third quarter ended September 30, 2017 andits quarterly dividend.

Third quarter results

New Look Vision reported record revenues of $55.2 million andadjusted EBITDA(1) of $10.8 million for the third quarter ended September 30,2017, representing increases of 12.8% and 35.6% respectively over last year. The revenue increase was mainly due to thenet addition of 19 stores in the last twelve months as well as same store salesgrowth of 0.9% over last year. This revenue growth as well as significantimprovement in operating expense ratios resulted in the strong adjusted EBITDAperformance..............……………………………………………

President's comments,

Antoine Amiel, the President of New Look Vision, stated that: "I am pleased to report that Q3 was a strong quarter of revenue and earnings growth, resulting from a continued comparable store and new store sales growth, a strong focus on improving operating expense ratios and from generating synergies from recent acquisitions. Subsequent to quarter's end, we announced the completion of the acquisition of Iris The Visual Group, strengthening our leadership position across Canada with a network of 378 stores."


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