Business News • MarketWire • Matrix Asset Management Inc. Reports Year End Results of $6.9 Million EBITDA & $8.2 Million Free Cash Flow, Declares Dividend and Announces Proposed Share Consolidation

Matrix Asset Management Inc. Reports Year End Results of $6.9 Million EBITDA & $8.2 Million Free Cash Flow, Declares Dividend and Announces Proposed Share Consolidation

Matrix Asset Management Inc. Reports Year End Results of $6.9 Million EBITDA & $8.2 Million Free Cash Flow, Declares Dividend and Announces Proposed Share Consolidation

HALIFAX, NOVA SCOTIA--(Marketwire - March 29, 2011) - Matrix Asset Management Inc. (TSX:MTA) (the "Company" or "Matrix") reported today its financial and operating results for the year and fourth quarter ended December 31, 2010 and announced that the next regular quarterly dividend of $0.015 per share would be payable on April 18, 2011 to shareholders of record on April 7, 2011. The details of the proposed share consolidation are set out following the earnings results.

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