LAURENTIAN BANK OF CANADA - DIVIDEND NOTICE

MONTREAL, Nov. 3 /CNW Telbec/ - At its meeting held on November 3, 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 December 15, 2010 to shareholders of record at the close of business on December 9, 2010; and
  
  
• a dividend of $0.328125 on the preferred shares Series 10, payable on December 15, 2010 to shareholders of record at the close of business on December 9, 2010.
  

For the year 2010, all dividends declared will be eligible dividends, unless otherwise indicated. The dividends declared on November 3, 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]