MONTREAL, QUEBEC--(Marketwire - March 11, 2011) - The Board of Directors of Stella-Jones Inc. (TSX:SJ) is pleased to announce that a semi-annual dividend of $0.24 per share, representing a 20% increase over its previous semi-annual dividend, has been declared on the outstanding common shares of the Corporation, payable on May 13, 2011 to shareholders of record at the close of business on April 1st, 2011. This dividend is designated to be an eligible dividend.

Contact Information: Stella-Jones Inc.
Mr. George Labelle
Senior Vice-President and Chief Financial Officer
514-934-8665
www.stella-jones.com