Cervus Equipment Corporation Announces Dividend

Symbol: CVL (TSX)

CALGARY, March 15, 2012 /CNW/ - Cervus Equipment Corporation ("Cervus") announced that the board of directors of Cervus has approved a cash dividend to Cervus shareholders of $0.1825 per share for the first quarter of 2012. Payment will be made on or about April 16, 2012 to shareholders of record as of the close of business on March 30, 2012.  Investors are cautioned that quarterly dividends are always subject to approval from the board of directors of Cervus, and may be increased, decreased or suspended by the board at anytime.

With 31 company-owned and managed locations in British Columbia, Alberta, Saskatchewan, and Manitoba and Cervus' primary brands include John Deere agricultural equipment, Bobcat and JCB construction equipment, and industrial brands including Clark, Sellick, Nissan and Doosan material handling equipment. The shares of Cervus are listed on the Toronto Stock Exchange and trade under the symbol "CVL".