Alliance Select Announces Dividends

Pasig–(PHStocks)–Alliance Select Foods International Inc. (PSE: FOOD) will be paying a stock dividend amounting to 137,500,000 shares with a par value of PhP1.00 per share.

All shareholders of record as of January 2, 2012, are entitled to the stock dividend, which will be paid on January 26, 2012, at a rate of 15.78% of current shares issued and outstanding.

Furthermore, as approved by the Board of Directors, stockholders entitled to fractional shares of 1/2 or higher shall be given the option to pay for the difference so as to entitle them to whole shares, on a first-come-first-served basis until the total number of shares issued herein as stock dividend shall have reached 137,500,000.

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