Laurentian Bank - Dividend notice

    MONTREAL, Sept. 6 /CNW Telbec/ - At its meeting held on September 6,
2007, the Board of Directors of the Laurentian Bank of Canada (the "Bank") has
declared a regular quarterly dividend of 29 cents per share on the common
shares payable on November 1, 2007 to the holders on record at the close of
business on October 1, 2007.
    Effective January 1, 2006, the Federal Government implemented a new
dividend tax regime for dividends paid by Canadian corporations to their
shareholders. Certain provinces have also replicated the federal regulations
governing such dividends. In accordance with this new regime, the Bank advises
that all dividends declared in 2006 and 2007 were eligible dividends and that
all future dividends will be eligible, unless indicated otherwise.

For further information:

For further information: Media and Investors Relations: Gladys Caron,
(514) 284-4500, extension 7511, Cellular: (514) 893-3963,

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Laurentian Bank of Canada

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