Laurentian Bank of Canada - Dividend notice

MONTREAL, May 26 /CNW Telbec/ - At its meeting held on May 26, 2010, the Board of Directors of the Laurentian Bank of Canada (the "Bank") declared the following dividends:

    
    - a regular quarterly dividend of 36 cents per share on the common shares
      payable on August 1, 2010 to the holders on record at the close of
      business on July 2, 2010;

    - a dividend of $0.375 on the preferred shares Series 9, payable on June
      15, 2010 to shareholders of record at the close of business on June 9,
      2010; and

    - a dividend of $0.328125 on the preferred shares Series 10, payable on
      June 15, 2010 to shareholders of record at the close of business on
      June 8, 2010.
    

For year 2010, all dividends declared will be eligible dividends, unless otherwise indicated. The dividends declared on May 26, 2010, are eligible dividends for income tax legislation purposes.

For further information: Gladys Caron, Vice-President, Public Affairs, Communications and Investor Relations, [phone], extension 7511, Cellular: [phone], [email protected]