CIRI to pay first quarter dividend, Elders’ payment

CIRI will mail or direct deposit its first quarter 2010 dividend of $8.53 per share on Wednesday, March 31. Shareholders who own 100 shares of stock will receive a first quarter dividend of $853.

The deadline for shareholder address changes for the first quarter 2010 dividend is 3 p.m. on Monday, March 22. Address change forms can be downloaded from CIRI’s website and mailed to CIRI at P.O. Box 93330, Anchorage, Alaska 99509-3330, or faxed to (907) 263-5186. Please call the Shareholder Relations Department at (907) 263-5191 or toll-free at 1-800-764-2474 to confirm receipt of the fax.

Shareholders can visit CIRI’s website, ciri.com, for dividend, address change, direct deposit or lost and missing dividend information. Shareholders can also call CIRI’s dividend hotline, (907) 263-5100 or toll-free at 1-800-764-2435.

CIRI will mail a $450 payment from CIRI’s Irrevocable Elders’ Settlement Trust to original CIRI shareholders who are 65 years of age or older and who own at least one share of CIRI stock on Friday, March 12.

The remaining 2010 payments from the Trust will be issued on June 11, Sept. 10 and Dec. 10. Elders’ payments are scheduled to occur in the same months as CIRI’s quarterly distributions so as to reduce the number of months that some Elders’ lose their SSI payments because their monthly income exceeds limits set by the Social Security Administration.