Newfoundland Capital Corporation Limited announces declaration of dividend

Newfoundland Capital Corporation Limited announces declaration of dividend


DARTMOUTH, NS, Dec. 13, 2012 /CNW/ - The Board of Directors of
Newfoundland Capital Corporation Limited is pleased to announce that it
has declared a dividend of $0.09 per share on each of its Class A
Subordinate Voting (NCC.A) and Class B Common (NCC.B) shares. The
dividend is payable on January 31, 2013 to shareholders of record at
the close of business on December 31, 2012.



There are 25,396,667 Class A Subordinate Voting shares and 3,771,702
Class B Common shares outstanding.


About Newfoundland Capital Corporation Limited

Newfoundland Capital Corporation Limited (TSX: NCC.A, NCC.B) is one of
Canada's leading radio broadcasters with 85 licences across Canada. 
The Company reaches millions of listeners each week through a variety
of formats and is a recognized industry leader in radio programming,
sales and networking.


SOURCE NEWFOUNDLAND CAPITAL CORPORATION LIMITED

NEWFOUNDLAND CAPITAL CORPORATION LIMITED

CONTACT: REF: Robert G. Steele, President and Chief Executive Officer, Scott G.M. Weatherby, Chief Financial Officer and Corporate Secretary, Newfoundland Capital Corporation Limited, 745 Windmill Road, Dartmouth, Nova Scotia B3B 1C2, Tel: (902) 468-7557, Fax: (902) 468-7558, e-mail: investorrelations@ncc.ca, Web: www.ncc.ca


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