LUCIAN BUTE INJURED PASCAL VS. BUTE FIGHT POSTPONED TO LATER DATE

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MONTREAL (May 7, 2013) – As announced earlier by InterBox earlier, Lucian Bute is injured and cannot fight Jean Pascal on May 25 at the Bell Centre.

For GYM President Yvon Michel, who was co-promoting the event with InterBox, this is only a postponement of the greatest fight in Canadian history.

"Obviously, when we first heard the news a few hours ago, we were all in shock," Michel said. "This is part of boxing and we are aware that we have to live and deal with these contingencies. Our perception is that this only a postponement. We ask Quebec to show understanding and patience. We wish a speedy recovery to Lucian."

Jean Pascal was also surprised to learn the bad news. "I was so excited when I met with the media last week," Pascal commented from his Las Vegas training camp. "I thought that I was in the best shape of my life and very optimistic about my fight with Bute. We now need to start over but I am a professional. I know that these things happen and I think that sooner or later, we will both be in the ring to settle our differences. And I would like to add that I would still fight on May 25; I am ready to face anyone."

GYM and InterBox are currently in a research and analysis solution mode. Full details will be announced as soon as there are new developments.

About Groupe Yvon Michel Inc:

Groupe Yvon Michel (GYM) was founded in 2004. The organization's mission is the development of high-level boxers, supported by coaching and management for competition. To achieve its objectives, GYM actively recruits talent and organizes events. Since its inception eight years ago, GYM has produced 106 events, including historical ticket sales and PPV viewership for Pascal vs. Hopkins I and II. GYM has produced more than 300 hours of television with Canal Indigo, Bell TV, Shaw TV, TVA Sports, VOX, TVA, CBC, RDS and V, in Canada, as well as HBO, Showtime and ESPN in the United States. A total of six different GYM boxers have participated in 16 world championship fights. Under the tutelage of GYM, Joachim Alcine captured the WBA super welterweight title in 2007 and Jean Pascal the WBC light heavyweight crown in 2009.