Celadon Group, Inc. Declares First Quarterly Dividend

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Celadon Group, Inc. (NYSE: CGI) announced today that its Board of Directors has approved a regular cash dividend to shareholders beginning with the quarter ending September 30, 2011. The first quarterly cash dividend of two cents ($0.02) per share of common stock will be payable on October 7, 2011 to shareholders of record at the close of business on September 26, 2011. Chairman and Chief Executive Officer Steve Russell said, “Celadon's quarterly cash dividend demonstrates our commitment to enhancing the return to shareholders and our confidence in Celadon's ability to deliver long-term sustainable growth.”

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