Transcontinental Has Strong Profitability Gain on Lower Revenue in Q1

Dividend

At its March 17, 2010 meeting, the Corporation’s Board of Directors declared a quarterly dividend of $0.09 per participating share on Class A Subordinate Voting Shares and Class B shares which represents an increase of 12.5% over the dividend paid in the previous quarter. These dividends are payable on April 30, 2010 to participating shareholders of record at the close of business on April 12, 2010. On an annual basis, this represents a dividend of $0.36 per participating share.