Despite Difficult Economy, Transcontinental Improves Profitability

Dividend
At its September 10, 2009 meeting, the Corporation’s Board of Directors maintained the quarterly dividend of $0.08 per share on Class A Subordinate Voting Shares and Class B Shares. These dividends are payable on October 23, 2009 to shareholders of record at the close of business on October 5, 2009. On an annual basis, this represents a dividend of $0.32 per share.