Argus Group shareholders have received the double boost of a one-for-ten stock dividend (one share for every ten shares held) in addition to a 25 percent increase in their quarterly dividend.

Shareholders of record on October 4, 2007 received the stock dividend. And the insurer's directors also increased the quarterly cash dividend from 14 to 16 cents per share payable to shareholders on October 15, 2007 on all shares of record on October 4, 2007 immediately following the stock dividend.

The quarterly dividend has increased by 25.7 percent and, at the recent Argus share price of $15.50, represents a return for shareholders of 4.13 percent based upon annualised dividends and a stock price of $15.50 per share.

Gerald Simons, president and chief executive officer of the Argus Group, said: "We are very pleased to see the continued growth of the Argus Group which has enabled us to provide our shareholders with a one-for-ten stock dividend and an increased quarterly dividend. The Argus Group is committed to providing a secure and stable investment for our shareholders."