TORONTO, May 8, 2012 /CNW/ - NOTICE IS HEREBY GIVEN THAT a quarterly dividend on George Weston Limited Common Shares, Preferred Shares, Series I, Preferred Shares, Series III, Preferred Shares, Series IV and Preferred Shares, Series V is payable as follows: Common Shares - $0.36 per share payable July 1, 2012, to shareholders of record June 15, 2012; - $0.3625 per share payable June 15, Preferred Shares, Series I 2012, to shareholders of record May 31, 2012; Preferred Shares, Series III - $0.3250 per share payable July 1, 2012, to shareholders of record June 15, 2012; - $0.3250 per share payable July 1, 2012, Preferred Shares, Series IV to shareholders of record June 15, 2012; and - $0.296875 per share payable July 1, Preferred Shares, Series V 2012, to shareholders of record June 15, 2012. BY ORDER OF THE BOARD OF DIRECTORS ROBERT A. BALCOM SENIOR VICE PRESIDENT, GENERAL COUNSEL - CANADA & SECRETARY Toronto, Canada May 8, 2012 George Weston Limited

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