The Canadian Press - ONLINE EDITION

TransGlobe Energy declares both a special and regular quarterly dividend

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CALGARY - TransGlobe Energy Corp. (TSX:TGL) (Nasdaq:TGA) has declared a special dividend of 10 cents US per share and will pay a quarterly dividend of five cents US per share.

The special dividend will be paid May 28 to shareholders of record on May 22, while the quarterly dividend will be paid June 30 to shareholders of record on June 16.

TransGlobe Energy is a Calgary-based oil and gas exploration and development company focused on the Middle East and North Africa region with production operations in Egypt and Yemen.

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