Marsulex increases its quarterly dividend

    TORONTO, Nov. 29 /CNW/ - The Board of Directors of Marsulex Inc. (TSX:
MLX) today declared an increased quarterly cash dividend of 16 cents (Cdn) per
share up from 15 cents (Cdn) per share. The dividend is payable on
February 15, 2008 to common shareholders of record at the close of business on
January 15, 2008. The Company began paying regular quarterly dividends in
May 2007.
    Marsulex President and Chief Executive Officer, Laurie Tugman stated:
"The increase reflects our continued ability to generate strong cash flow and
the confidence we have to deliver growth in our business."

    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 relating to the Company's growth and profitability.
    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.

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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