LAURENTIAN BANK OF CANADA - DIVIDEND NOTICE

MONTREAL, Sept. 2 /CNW Telbec/ - At its meeting held on September 2, 2010, the Board of Directors of the Laurentian Bank of Canada (the "Bank") declared a regular quarterly dividend of 36 cents per share on the common shares payable on November 1, 2010 to the holders on record at the close of business on October 1, 2010.

For the year 2010, all dividends declared will be eligible dividends, unless otherwise indicated. The dividend on the common shares declared on September 2, 2010, is an eligible dividend 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]