Seprod Limited (SEP) – Capital Distribution Approved

At a meeting of the Board of Directors on May 13, approval was given for a Capital Distribution of Three Dollars and thirty cents ($3.30 Less Transfer Tax) per share to be paid to all shareholders on record as at May 31, 1996. Payment date is June 10.

At a meeting of the Board of Directors on May 13, approval was given for a Capital Distribution of Three Dollars and thirty cents ($3.30 Less Transfer Tax) per share to be paid to all shareholders on record as at May 31, 1996. Payment date is June 10.