Wednesday, November 9, 2011

CJT - <span class="simulate_din_font">Cargojet Declares Q4 2011 Dividend</span> (CAD 0.135)

Company: Cargojet Inc.
Stock Name: CJT
Amount: CAD 0.135
Announcement Date: 09/11/2011
Record Date: 16/12/2011

Dividend Detail:




MISSISSAUGA, ON, Nov. 9, 2011 /CNW/ - the Board of Cargojet Inc. (the
"Corporation") TSX: CJT, CJT.A) announced today a cash dividend of
$0.135 per share for the period from October 1, 2011 to December 31,
2011. The dividend will be paid to all shareholders of record as at
the close of business on December 20, 2011 and will be payable on or
before January 5, 2012.



Cargojet is Canada's leading provider of time sensitive overnight air
cargo services. Cargojet operates its network across North America,
transporting over 750,000 pounds of time sensitive air cargo each
business night, utilizing a fleet of thirteen all-cargo aircraft.



Notice on Forward Looking Statements:



Certain statements contained herein constitute "forward-looking
statements". Forward-looking statements look into the future and
provide an opinion as to the effect of certain events and trends on the
business. Forward-looking statements may include words such as
"plans," "intends," "anticipates," "should," "estimates," "expects,"
"believes," "indicates," "targeting," "suggests" and similar
expressions. These forward-looking statements are based on current
expectations and entail various risks and uncertainties. Reference
should be made to the issuer's most recent Annual Information Form
filed with the Canadian securities regulators, and its most recent
Annual Consolidated Financial Statements and Quarterly Financial
Statements and Notes thereto and related Management's Discussion and
Analysis (MD&A), for a summary of major risks. Actual results may
materially differ from expectations, if known and unknown risks or
uncertainties affect our business, or if our estimates or assumptions
prove inaccurate. The issuer assumes no obligation to update or revise
any forward-looking statement, whether as a result of new information,
future events or any other reason, other than as required by applicable
securities laws. In the event the issuer does update any
forward-looking statement, no inference should be made that the issuer
will make additional updates with respect to that statement, related
matters, or any other forward-looking statement.



For further information:

P. Dhillon
Vice President Marketing, Public & Government Relations
Tel: (905) 501-7373
pdhillon@cargojet.com









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