MONTREAL, April 23 /CNW Telbec/ - The Board of Directors of Astral Media
Inc. (TSX: ACM.A/ACM.B), at a meeting held today, April 23, 2007, declared a
semi-annual dividend of twenty cents (20 cents) per share on the Class A
Non-voting Shares and the Class B Subordinate Voting Shares of the
Corporation, payable July 31, 2007 to the shareholders of record at the close
of business on July 13, 2007.
Astral Media Inc. designates this dividend to be an eligible dividend
pursuant to subsection 89 (14) of the Income Tax Act and its equivalent in the
provincial jurisdictions of Canada.
Astral Media is one of Canada's leading media companies, active in
specialty, pay and pay-per-view television, radio, outdoor advertising and the
Internet. Astral Media's solid and dynamic presence in the country's major
markets rests on its commitment to offer a unique combination of high-quality,
targeted media for all its audiences.
For further information:
For further information: Claude Gagnon, Senior Vice-President and Chief
Financial Officer, Astral Media Inc., (514) 939-5000