(Toronto, Canada) Corus Entertainment Inc. (TSX: CJR.NV.B; NYSE: CJR) announced today that its Board of Directors has approved a quarterly dividend, for holders of its Class A and Class B shares, of $0.0975 and $0.10 respectively. The Company’s dividend will be paid on June 30, 2006 to shareholders of record at the close of business on June 15, 2006. There were 1,724,929 Class A Voting Shares outstanding and 40,514,682 Class B Non-Voting Shares outstanding on March 31, 2006. Corus Entertainment Inc. is a Canadian-based media and entertainment company. Corus is a market leader in both specialty TV and Radio. Corus also owns Nelvana Limited, a leading international producer and distributor of children’s programming and products. The Company’s other interests include publishing, television broadcasting and advertising services. A publicly traded company, Corus is listed on the Toronto (CJR.NV.B) and New York (CJR) Exchanges. Corus Entertainment Inc. reports in Canadian dollars.
John Cassaday President and Chief Executive Officer Corus Entertainment Inc. (416) 642-3770
Tom Peddie Senior Vice President and Chief Financial Officer Corus Entertainment Inc. (416) 642-3780
Tracy Ewing Vice President, Communications Corus Entertainment Inc. (416) 642-3792