Algoma Central Corporation announces results of Annual General Meeting

(TSX : ALC)

ST. CATHARINES, ON, May 5, 2015 /CNW/ - Algoma Central Corporation ("Algoma" – www.algonet.com) held its Annual General Meeting of Shareholders on May 1, 2015 amd announces that all the nominees listed in its Management Proxy Circular dated March 20, 2015 were elected as directors until the next annual general meeting of shareholders. All nominees were elected with the support of 83% of shares voted. The detailed results of the vote are set out below.

Nominee	Votes For	Votes Withheld	Total
Richard B. Carty	31,828,938	289,253	32,118,191
E. M. Blake Hutcheson	32,116,174	2,017	32,118,191
Duncan N.R. Jackman	32,080,494	37,697	32,118,191
Clive P. Rowe	32,110,674	7,517	32,118,191
Mark McQueen	32,106,174	12,017	32,118,191
Harold S. Stephen	31,786,665	331,526	32,118,191
Eric Stevenson	32,113,674	4,517	32,118,191

About Algoma Central Corporation

Algoma Central Corporation operates the largest Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Waterway, including 17 self-unloading dry-bulk carriers, seven gearless dry bulk carriers and seven product tankers. Algoma also has interests in ocean dry-bulk and product tanker vessels operating in international markets. Algoma provides ship management services for other ship owners and owns a diversified ship repair and steel fabricating facility active in the Great Lakes and St. Lawrence regions of Canada. In addition, Algoma owns and manages commercial real estate properties in Sault Ste. Marie, St. Catharines and Waterloo, Ontario.

SOURCE Algoma Central Corporation

Ken Bloch Soerensen, President and CEO, 905-687-7885; Peter D. Winkley, CPA, CA, Vice President, Finance and CFO, 905-687-7897