McCoy Corporation

McCoy Corporation

September 04, 2007 13:16 ET

McCoy Corporation Announces Quarterly Dividend Record and Payment Dates

EDMONTON, ALBERTA--(Marketwire - Sept. 4, 2007) - McCoy Corporation ("McCoy" or "the Corporation") (TSX:MCB) today announced that the Board of Directors has declared a quarterly cash dividend of $0.02 per common share payable on September 28, 2007 to shareholders of record on September 14, 2007.

About McCoy Corporation

McCoy Corporation is a publicly traded company listed on the Toronto Stock Exchange under the symbol "MCB". McCoy has three operating segments and employs approximately 900 individuals in Alberta, British Columbia and Louisiana.

Truck & Trailer Products & Services
The Real McCoy Service Centres (a)
Peerless Limited
Prairie Truck Ltd. (50%)

Specializes in equipment installation, suspension work, welding, safety inspections, brake service, alignments, frame straightening, axles and hydraulics for heavy-duty and some light-duty trucks.

Trailer Manufacturing
Scona Trailer Manufacturing (a)
Peerless Limited

Produces lowboys, flat decks, step decks, oilfield, logging and specialty trailers.

Energy Products & Services
Farr Canada (a)
Inotec Coatings and Hydraulics Inc.
Rebel Metal Fabricators Ltd.
Superior Manufacturing & Hydraulics Inc.
Precision Die Technologies L.L.C.

Manufactures and services products for conventional and non-conventional oil and gas industry including: hydraulic power tongs, dies and inserts for tongs and slips/elevators, tong trucks, truck and trailer mounted hydrovac and vacuum tanks, computerized torque turn monitoring system, wear and corrosion resistant coatings, and specialized hydraulic services.

(a) divisions of McCoy Corporation

This release may contain forward looking statements within the meaning of the "safe harbor" provisions of U.S. and other applicable laws. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. The Corporation does not assume any obligation to update any forward looking information contained in this news release.

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