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Desnoes & Geddes Ltd. (DG) – Dividend & Bonus

The Board of Directors have proposed a final dividend of fifty cents to be paid on each stock unit of paid up capital stock of the company to stockholders on record as at the close of business on December 2, 1999 and that the same be payable on December 17, 1999 subject to shareholders approval.

A bonus issue of two shares for every one held is proposed subject to shareholders approval. The bonus issue will be made to stockholders on the company’s register at December 30, 1999.