Marsulex Announces Initial Quarterly Dividend

    TORONTO, March 8 /CNW/ - Marsulex Inc. (TSX: MLX) announced today that
the Company's Board of Directors has adopted a dividend policy for the regular
payment of dividends on common shares. The Board of Directors declared the
initial quarterly dividend of 15 cents (Cdn) per share, payable May 2, 2007 to
common shareholders of record at the close of business on April 16, 2007.
    Marsulex President and Chief Executive Officer, Laurie Tugman stated:
"The dividend distribution to our shareholders reflects the underlying growth
of our business combined with the strong cash flow that we generate. Having
completed our refinancing, we are confident in our ability to deliver not only
continued growth of the business, but a return on our shareholders'
    This is the first dividend declared by Marsulex since its inception in

    This news release may contain forward-looking statements. These
statements are based on current views and expectations that are subject to
risks, uncertainties and assumptions that are difficult to predict, including
risks, uncertainties and assumptions relating to the Company's growth and
    Actual results might differ materially from results suggested in any
forward-looking statements whether as a result of new information, future
developments or otherwise. Additional information identifying risks,
uncertainties and assumptions is contained in the Company's filings with the
securities regulatory authorities, which are available at All
forward-looking statements are expressly qualified in their entirety by this
Cautionary Statement.
    %SEDAR: 00002943E

For further information:

For further information: Laurie Tugman, President and CEO, Tel: (416)
496-4157; or William Martin, Chief Financial Officer, Tel: (416) 496-4164

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