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Message: POLARIS MATERIALS PROVIDES ANNUAL BUSINESS UPDATE AND OUTLOOK

VANCOUVER, British Columbia - Polaris Materials Corporation (TSX:PLS) today reports that shipments from the Orca Quarry during the year ended December 31, 2014 were a new record for the Company at 3.45 million tons, a 4% increase over the prior year when shipments totaled 3.33 million tons. 54 vessels were loaded compared with 46 in the previous year, the lower average load size in 2014 reflecting the use of a small vessel dedicated to supplying a one off major contract in Northern California.

Herb Wilson, President and CEO commented: "The record volume shipped during 2014 was encouraging, however, the fourth quarter experienced adverse seasonal weather that impacted construction output, unlike the previous two years when the weather had been very favorable. Heavy rainfall events were experienced in both the San Francisco and Long Beach areas late in the year. At the new Long Beach terminal the ship and material handling installations are substantially complete, but the rains have delayed the final stages of site development, principally surfacing and utilities works." He continued: "Indications of requirements for 2015, from our long-term contracted customers, together with expectations for Long Beach, suggest a further increase in sales volume in 2015 in the order of 15% to 20%, which would represent another milestone year. The Company now has a much greater focus on selling prices and continuing improvement in the US economy, together with the imminent completion of two fixed price contracts, is enabling average selling prices to be increased during the first quarter of 2015."

Polaris Materials Corporation produces high quality sand and gravel at the Orca Quarry in British Columbia for shipment to major urban markets on the Pacific coasts of North America including North and South California, Hawaii, Alaska and Vancouver, in order to meet growing supply deficits. The Company continues to pursue additional suitable aggregate resources for development.

For further information, please contact:

Herb Wilson, President and CEO
Polaris Materials Corporation
Tel: (604) 915-5000
Contact: [email protected] Website: www.polarismaterials.com

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