Power Corporation of Canada

Power Corporation of Canada

February 24, 2005 12:29 ET

Power Corporation of Canada: Dividends, Preferred And Participating Shares


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: POWER CORPORATION OF CANADA

TSX SYMBOL: POW.SV

FEBRUARY 24, 2005 - 12:29 ET

Power Corporation of Canada: Dividends, Preferred And
Participating Shares

MONTREAL, QUEBEC--(CCNMatthews - Feb. 24, 2005) - Power Corporation of
Canada (TSX:POW.SV) today announces the declaration of quarterly
dividends on its shares.

A dividend was declared on its First Preferred Shares, 1986 Series,
payable April 15, 2005 to shareholders of record March 24, 2005 in an
amount per share to be determined in accordance with the Articles of
Continuance of the Corporation.

A dividend of 35 cents per share was declared on the First Preferred
Shares, Series A, payable April 15, 2005 to shareholders of record March
24, 2005.

A dividend of 33.4375 cents per share was declared on the First
Preferred Shares, Series B, payable April 15, 2005 to shareholders of
record March 24, 2005.

A dividend of 36.25 cents per share was declared on the First Preferred
Shares, Series C, payable April 15, 2005 to shareholders of record March
24, 2005.

A dividend of 14.375 cents per share was declared on the Participating
Preferred and on the Subordinate Voting Shares, payable March 31, 2005
to shareholders of record March 10, 2005.

Financial results for the year 2004 will be announced following the
forthcoming regularly scheduled meeting of the Board of Directors on
March 22, 2005.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Power Corporation of Canada
    Mr. Edward Johnson
    Vice-President, General Counsel
    and Secretary
    (514) 286-7400