Chou Associates Management Inc. Announces Change of Auditor

TORONTO, Oct. 13, 2017 (GLOBE NEWSWIRE) — Chou Associates Management Inc. (the “Manager“) the manager of the Chou Asia Fund, Chou Associates Fund, Chou Bond Fund, Chou Europe Fund and Chou RRSP Fund (collectively, the “Funds“), announced today that it has provided notice to the Funds’ securityholders that effective December 15, 2017, the auditor of the Funds will change from KPMG LLP to Grant Thornton LLP. This change is being made by the Manager solely for operational purposes and not as a result of any disagreements with the former auditor.

For more information please contact:

Chou Associates Management Inc.
110 Sheppard Ave. East
Suite 301, Box 18, Toronto ON M2N 6Y8
Toll free: 1 888 357 5070
Email: admin@choufunds.com
Website: www.choufunds.com