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Lascelles deMercado and Company Ltd.(LAS)- to Pay Interim Dividend

The Board of Directors of Lascelles deMercado & Co. declared an interim dividend at a meeting on May 18, 2007.  A regular dividned of $1.00 per Ordinary Stock Unit. This is payable to Ordinary Stockholders on record at the close of business on May 28, 2007 and is to be paid on June 15, 2007. The X Date is May 24, 2007.