Desnoes & Geddes Ltd. (DG) – Dividend and Board Movement

At a Board Meeting of the Company held on February 24, 2005, the Board approved the following resolution: ” That the Company declare a second interim dividend of 16 cents per stock unit to be paid to stockholders on the company’s register at the close of business on March 24, 2005 such payment to be made on March 31, 2005.” Also Mr. Gareth Halliwell resigned from the Board of Directors effective February 24, 2005. Mr. Paul Gallagher was appointed as a Director at the Board Meeting.