Laurentian Bank of Canada - Dividend Notice



    MONTREAL, Feb. 25 /CNW Telbec/ - At its meeting held on February 25,
2009, the Board of Directors of the Laurentian Bank of Canada declared the
following dividends:

    
    - a dividend of $0.375 on the preferred shares Series 9, payable on March
      15, 2009 to shareholders of record at the close of business on March 9,
      2009; and
    - a dividend of $0.328125 on the preferred shares Series 10, payable on
      March 15, 2009 to shareholders of record at the close of business on
      March 9, 2009.
    

    For the year 2009, all dividends declared will be eligible dividends,
unless otherwise indicated. The dividends declared on February 25, 2009, are
eligible dividends for income tax legislation purposes.




For further information:

For further information: Gladys Caron, Vice-President, Public Affairs,
Communications and Investor Relations 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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