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Press release from Marketwire

Toromont Announces Quarterly Dividend

Tuesday, July 31, 2012

Toromont Announces Quarterly Dividend15:13 EDT Tuesday, July 31, 2012TORONTO, ONTARIO--(Marketwire - July 31, 2012) - Toromont Industries Ltd. (TSX:TIH) today announced the regular quarterly dividend of 12 cents per share on outstanding common shares, payable October 1, 2012 to shareholders of record on September 13, 2012. About Toromont Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. This press release and more information about Toromont can be found on the web at FURTHER INFORMATION PLEASE CONTACT: Scott J. MedhurstToromont Industries Ltd.President & Chief Executive Officer(416) 667-5623ORPaul R. JewerToromont Industries Ltd.Vice President Finance & CFO(416)