GraceKennedy Ltd. (GK)- Dividend

The Board of Directors of Grace, Kennedy & Company at meeting held today, passed the following resolution: 1. “That an interim dividend of 45 cents per stock units be paid an May 27, 2005, to the stockholders on record at the close of business May 4, 2005. 2. “That the Company’s Register of Members be closed from the close of business on May 4, 2005 to May 11, 2005.”