Algoma Central Corporation - Dividend Announcement

ALC-T

TORONTO, July 24, 2012 /CNW/ - Algoma Central Corporation is pleased to announce that the Board of Directors of the Corporation has authorized payment of a quarterly dividend to shareholders of $0.60 per common share. The dividend is payable on September 4, 2012 to shareholders of record on August 21, 2012. This dividend represents an increase of $0.10 per share to the quartertly dividend paid by the Corporation.

SOURCE: Algoma Central Corporation

Greg D. Wight, FCA
President and Chief Executive Officer
905-687-7850

Peter D. Winkley, CA
Vice President, Finance and Chief Financial Officer
905-687-7897