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Press release from CNW Group

Colabor Group Inc. declares a dividend of $0.18 per share for the first quarter of 2012

Wednesday, March 21, 2012

Colabor Group Inc. declares a dividend of $0.18 per share for the first quarter of 201218:52 EDT Wednesday, March 21, 2012BOUCHERVILLE, QC, March 21, 2012 /CNW Telbec/ - Colabor Group Inc. (TSX: GCL) announced today a cash dividend of $0.18 per share for the first quarter of 2012. This dividend shall be paid on April 16, 2012 to shareholders of record as of the end of the business day on March 30, 2012. 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. Claude Gariépy 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