GCL Colabor Group Inc

BOUCHERVILLE, QC, March 21, 2012 /CNW Telbec/ - Colabor Group Inc. 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. COLABOR GROUP INC. CONTACT: Colabor Group Inc.Mr. Claude GariepyPresident and Chief Executive Officer(450) 449-0026, extension 265Colabor Group Inc.Mr. Michel Loignon, CAVice President and Chief Financial Officer(450) 449-0026, extension 235www.colabor.com

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