Montreal, Quebec, Canada 12 March 2008 ---(Marketwire) --- The board of directors of Stella-Jones Inc. (TSX:SJ) is pleased to announce that a semi-annual dividend of CAD 0.16 per share, representing a 14.3% increase over its previous semiannual dividend, has been declared on the outstanding common shares of the corporation, payable on 16 May 2008, to shareholders of record at the close of business on 04 April 2008. This dividend is designated to be an eligible dividend.