Mr. Glen Nelson reports

AUTOCANADA INC. DECLARES QUARTERLY DIVIDEND

AutoCanada Inc.'s board of directors has declared a quarterly eligible dividend of 10 cents per common share on AutoCanada's outstanding Class A common shares, payable on March 15, 2017, to shareholders of record at the close of business on Feb. 28, 2017.

About AutoCanada Inc.

AutoCanada is one of Canada's largest multilocation automobile dealership groups, currently operating 56 franchised dealerships, composed of 64 franchises in eight provinces, and has over 3,800 employees. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Chevrolet, GMC, Buick, Cadillac, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi, Volkswagen, Kia, BMW and MINI vehicles. In 2015, its dealerships sold approximately 62,800 vehicles and processed approximately 848,000 service and collision repair orders in 912 service bays.