Laurentian Bank of Canada - DIVIDEND NOTICE

MONTREAL, Aug. 25 /CNW Telbec/ - At its meeting held on August 25, 2010, the Board of Directors of the Laurentian Bank of Canada declared the following dividends:

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

• a dividend of $0.328125 on the preferred shares Series 10, payable on September 15, 2010 to shareholders of record at the close of business on September 9, 2010.

For the year 2010, all dividends declared will be eligible dividends, unless otherwise indicated. The dividends declared on August 25, 2010, are eligible dividends for income tax legislation purposes.

For further information:

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