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Press release from CNW Group

COLABOR GROUP INC. DECLARES A QUARTERLY DIVIDEND OF 26.91 CENTS PER SHARE

Monday, March 21, 2011

COLABOR GROUP INC. DECLARES A QUARTERLY DIVIDEND OF 26.91 CENTS PER SHARE08:00 EDT Monday, March 21, 2011BOUCHERVILLE, QC, March 21 /CNW Telbec/ - Colabor Group Inc. (TSX: GCL) announced today a cash dividend of 26.91 cents per share for the first quarter of 2011. This dividend shall be paid on April 15, 2011 to shareholders of record as of the end of the business day on March 31, 2011. This dividend is an eligible dividend for the purpose of subsection 89(14) of the Income Tax Act.Colabor is a wholesaler and distributor of food and non-food products serving the retail market (grocery stores, convenience stores, etc.) and the foodservice market (cafeterias, restaurants, hotels, restaurant chains, etc.), in Quebec, Ontario and the Atlantic provinces.Additional information can be found in the information documents filed by the Colabor Group Inc. with securities regulators, at www.sedar.com.For further information: Colabor Group Inc.      Mr. Gilles C. Lachance     President and Chief Executive Officer        (450) 449-0026, extension 265    Colabor Group Inc. Mr. Michel Loignon, CA Vice President and Chief Financial Officer (450) 449-0026, extension 235     www.colabor.com