Jewett-Cameron Trading Company Ltd.

AJB Investment Fund II, LP has acquired 73,142 common shares of Jewett-Cameron Trading Co Ltd. through open market purchases on Nasdaq, lifting its combined holdings with joint actors to approximately 14.24% of the issued and outstanding shares. The shares were bought at prices ranging from approximately US$2.45 to US$2.92 each, or roughly C$3.45 to C$4.05, for aggregate consideration of approximately US$209,191, or approximately C$290,758. Before the acquisitions, AJB Fund and its joint actors beneficially owned or controlled 428,158 common shares, about 12.16% of the issuer on a non-diluted basis. Following the purchases, they hold an aggregate of 501,300 common shares, an increase of approximately 2.08 percentage points in their security holding percentage. AJB Fund said the shares were acquired for investment purposes and that it may acquire additional securities, dispose of some or all of its holdings, or continue to hold them. The amended early warning report will be filed under the issuer's profile on SEDAR+ in accordance with applicable Canadian securities laws.