Laurentian Bank - Dividend notice



    MONTREAL, Feb. 27 /CNW Telbec/ - At its meeting held on February 27,
2008, the Board of Directors of the Laurentian Bank of Canada (the "Bank") has
declared the following dividends:

    
    - a regular quarterly dividend of 32 cents per share on the common shares
      payable on May 1, 2008 to the holders on record at the close of
      business on April 1, 2008;

    - a  dividend  of  $0.375  on  the  preferred  shares  Series  9,
      payable  on  March 15,  2008  to shareholders of record at the close of
      business on March 10, 2008; and

    - a dividend of $0.328125 on the preferred shares Series 10, payable  on
      March 15, 2008 to shareholders of record at the close of business on
      March 10, 2008.
    

    For year 2008, all dividends declared will be eligible dividends, unless
otherwise indicated. The dividends declared on February 27, 2008, are eligible
dividends for income tax legislation purposes.




For further information:

For further information: Media and Investors Relations contact: Gladys
Caron, Office: (514) 284-4500, extension 7511, Cellular: (514) 893-3963,
gladys.caron@banquelaurentienne.ca

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Laurentian Bank of Canada

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