Dividends

Dividend Policy

Corus Entertainment’s (“Corus”) Board of Directors reviews the dividend on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by Corus’ Board of Directors, and there is no entitlement to any dividend prior thereto. Corus pays its dividend on a quarterly basis.

Current Annual Dividend Rate ($Cdn)

$0.115 per Class A Participating Share
$0.12 per Class B Non-Voting Participating Share (TSX:CJR.B)

Eligible Dividends for Canadian Tax Purposes

All dividends paid by the Corporation in 2006 and subsequent years are eligible dividends for Canadian tax purposes unless indicated otherwise.