COLABOR GROUP INC. DECLARES A QUARTERLY DIVIDEND OF 26.91 CENTS PER SHARE

BOUCHERVILLE, QC, Dec. 20 /CNW Telbec/ - Colabor Group Inc. (TSX: GCL) announced today a cash dividend of 26.91 cents per share for the fourth quarter of 2010. This dividend shall be paid on January 17, 2011 to shareholders of record as of the end of the business day on December 31, 2010. 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.

SOURCE Colabor Group Inc.

For further information: For further information:

Colabor Group Inc.     
Mr. Gilles C. Lachance    
President and Chief Executive Officer   
(450) 449-0026, extension 265   
Colabor Group Inc.
Mr. Michel Loignon, CA
Vice President and Chief Financial Officer
(450) 449-0026, extension 235

www.colabor.com

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