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UNI-SELECT INC. - Stock Split on the Basis of Two for One

6 May 1999

UNI-SELECT INC. - Stock Split on the Basis of Two for One

    BOUCHERVILLE, Quebec--May 5, 1999--UNI-SELECT INC. (TSE:UNS.) (ME:UNS.)
    The board of directors has approved the subdivision of the issued and outstanding common shares and of those common shares that may be issued for a specific purpose but are not issued immediately, on the basis of two shares for each common share.
    The registration date on the Montreal and Toronto stock exchanges for the additional common shares to be issued under the stock split will be June 1, 1999, and the record date will be May 31, 1999. Uni-Select shareholders shall conserve their share certificates representing the shares they hold on the close of business on May 31, 1999. Following that date, share certificates representing the additional shares will be mailed to registered shareholders.
    The board of Uni-Select also declared a quarterly dividend of $0.05 per common share ($0.10 before the stock split) which will be payable on July 20, 1999, to shareholders of record as of June 30, 1999.
    Uni-Select is a public company specializing in the wholesale distribution of replacement parts for motor vehicles. Uni-Select shares (UNS) are listed on the Montreal and Toronto Stock Exchange.