Coast Wholesale Appliances Inc.
TSX : CWA

Coast Wholesale Appliances Inc.

February 16, 2011 16:49 ET

Coast Wholesale Appliances Inc. Declares February Dividend

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2011) - Coast Wholesale Appliances Inc. (TSX:CWA) (Coast) today announced a cash dividend of $0.035 per share to be paid March 7, 2011 to shareholders of record on February 28, 2011. This is Coast's first dividend since converting to a corporate structure from an income trust structure on January 1, 2011.

Coast is a leading independent supplier of major household appliances and accessories to developers and builders of multi-family and single-family housing, and to retail customers. Founded in 1978, Coast currently operates 16 stores, with 15 locations across the four western provinces and one store in the Greater Toronto Area.

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