TORONTO, ONTARIO--(Marketwire - Oct. 26, 2012) - Toromont Industries Ltd. (TSX:TIH) today announced the regular quarterly dividend of 12 cents per share on outstanding common shares, payable January 2, 2013 to shareholders of record on December 11, 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 Industries can be found on the Web at www.toromont.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:

Toromont Industries Ltd.

Paul R. Jewer

Executive Vice President & CFO

(416) 667-5638

www.toromont.com