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Chesswood Group Limited Announces an Increase in Monthly Dividend

TORONTO, ONTARIO -- (Marketwire) -- 02/07/13 -- Chesswood Group Limited (TSX:CHW) announced today an increase in the monthly cash dividend to $0.06 per share, an increase of $0.005 per share, effective with the dividend for the month of February. The dividend will be payable to shareholders of record at the close of business on February 28, 2013 and will be paid on March 15, 2013.

Chesswood Group Limited has designated its dividends as eligible dividends for the purposes of the Income Tax Act (Canada).

About Chesswood Group Limited

Chesswood Group Limited is a financial services company with operating businesses in both Canada and the U.S.

To learn more about Chesswood Group Limited, visit www.ChesswoodGroup.com. The separate websites of Chesswood Group Limited's operating businesses are at www.PawneeLeasing.com, www.CaseFunding.com, www.AcuraSherway.com and www.cars4U.com.

This press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

Contacts:
Chesswood Group Limited
Barry Shafran
416-386-3099
bshafran@chesswoodgroup.com
www.ChesswoodGroup.com

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Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

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