Canlan Ice Sports Corp. is the largest private sector operator of recreational ice facilities in North America with 65 playing surfaces at 22 facilities in Canada and the United States. Through the ASHL, Canlan operates the largest adult recreational hockey league in North America with more than 55,000 players and offers a variety of other programs including youth leagues, hockey and figure skating schools and tournaments. Canlan Ice Sports Corp. is listed on the Toronto Stock Exchange under the symbol “ICE.”

1. CANLAN ICE SPORTS
Investor Presentation
Joey St-Aubin - President & CEO
Mike Gellard – CFO
May 2010

2. Forward Looking Statements
This presentation may contain forward-looking statements,
which may be identified by words like "expects", "anticipates",
"plans", "intends", "indicates" or similar expressions. These
statements are not a guarantee of future performance and are
inherently subject to risks and uncertainties. The Company's
actual results could differ materially from those currently
anticipated due to a number of factors set forth in reports and
other documents filed by the Company with Canadian
securities regulatory authorities from time to time.

3. Market Overview
Registrations growing
Hockey is a
growing +4.5% Youth
sport in every +18% Female
major
category +6.8% Adult
*Sources Hockey Canada Registrations 2008/09; Canlan Registrations 2008/09

4. About Canlan
• Strong brand
More • Successful
than just programs
• 10 years of steady
ice growth
rentals • Geographic
diversification

6. Successful Programs

7. 2009 Metrics
• Generated $22.8 million, up
6% over 2008
• More than 18,200
participants
• Hosted 47 events with 1,638
teams
• 17.4 million page views

8. Adult Safe Hockey Network

9. Steady Financial Results
10+ • Profitable
years of • Strong balance
sheet
growth

10. Steady Performance
Revenue EBITA
(millions) (millions)
$67.2 $11.2
$10.9
$64.7
$62.5 $10.2
2007 2008 2009 2007 2008 2009

11. Steady Performance
Earnings Net Earnings
(millions)
before taxes
(millions)
$3.3
$3.8
$2.1
$2.7
$1.6
$0.8
2007 2008 2009 2007 2008 2009

12. Q1 Results
Revenue EBITA
(millions) (millions)
$19.4 $19.9 $5.0
$4.7
2009 2010 2009 2010

13. Q1 Results
Earnings Net Earnings
(millions)
before taxes
(millions)
$3.0 $2.0 $2.0
$2.8
2009 2010 2009 2010

14. Q1 Results
Cash position Interest bearing debt
(millions) (millions)
$5.7 $51.8
$48.2
$4.2
2009 2010 2009 2010

15. Reasons for Success
• High customer loyalty and retention
• National coverage
• High barriers to entry
• Economies of scale
• Experienced management team

16. Recent Developments
1. Expansions
• Vineland, New Jersey
• Fort Wayne, Indiana
2. Strengthened balance sheet
3. Marketing agreement with Molson Coors
Canada
4. Richmond Olympic Oval Satellite League

17. Growth Strategy
1. Targeted expansion into U.S. markets
2. Manage/Lease Acquisition model
3. Sponsorship program with Molson-Coors
4. Maximize utilization
5. Energy management

18. Investment summary
• Largest owner/operator of recreational ice
facilities
• 10 consecutive years of steady financial
performance
• Growth driven by expansion, marketing
and product development activities

19. Questions
Michael Gellard
Chief Financial Officer
mgellard@icesports.com
(604) 736-9152 ext 108

20. Market Facts
Ticker Symbol: ICE
Recent share price: $2.02*
Common shares outstanding: ~13.3M
Market Capitalization: $26.6M
52-Week Price Range: $1.10 - $2.10
Fiscal Year-End December 31
* As of May 14, 2010

21. Canlan’s Facilities