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Press release from CNW Group

Contrans announces declaration of dividend

Tuesday, July 16, 2013

Contrans announces declaration of dividend

09:40 EDT Tuesday, July 16, 2013

WOODSTOCK, ON, July 16, 2013 /CNW/ - The Board of Directors of Contrans Group Inc. ("Contrans") (TSX Symbol CSS)announced today that it has declared a dividend of $0.125 per outstanding Class A Subordinate Voting Share and Class B Multiple Voting Share, payable on August 15, 2013 to shareholders of record at the close of business on July 31, 2013.

For Canadian resident shareholders the dividend declared is designated as an "eligible dividend" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.

Contrans has been providing freight transportation services since 1985. With approximately 1,400 power units and 2,600 trailers under management, Contrans is one of the largest freight transportation companies in Canada.

SOURCE: Contrans Group Inc.

For further information:

Stan G. Dunford, Chairman and Chief Executive Officer, or
Greg W. Rumble, President and Chief Operating Officer
Phone: 519-421-4600 - E-mail: info@contrans.ca - Web site: www.contrans.ca

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