Last updated on April 20, 2014 at 21:20 EDT

Indigo Announces Quarterly Dividend

April 29, 2013

TORONTO, April 29, 2013 /CNW/ – Indigo Books & Music Inc. (TSX: IDG),
Canada’s largest book, gift and specialty toy retailer announced that
the Board of Directors today approved a quarterly dividend of 11 cents
per common share to be paid on May 30(th), 2013 to all shareholders of record as of May 14(th), 2013.

Forward-Looking Statements
Statements contained in this news release that are not historical facts
are forward-looking statements which involve risk and uncertainties
that could cause results to differ materially from those expressed in
the forward-looking statements. Among the key factors that could cause
such differences are: general economic, market or business conditions
in Canada; competitive actions by other companies; changes in laws or
regulations; and other factors, many of which are beyond the control of
the Company.

About Indigo Books & Music Inc.
Indigo is a publicly traded Canadian company listed on the Toronto Stock
Exchange (IDG). As the largest book, gift and specialty toy retailer in
Canada, Indigo operates in all provinces under different banners
including Indigo Books & Music; Indigo Books, Gifts, Kids;
IndigoSpirit; Chapters; The World’s Biggest Bookstore; and Coles. The
online channel, indigo.ca, offers a one-stop online shop with a robust selection of books, toys,
home décor, stationery and gifts.

In 2004, Indigo founded the Indigo Love of Reading Foundation, a
registered charity that provides new books and education materials to
high-needs Canadian elementary schools, to address the literacy crisis
in Canada. To date the Foundation, as well as the Indigo “Adopt A
School” program, have contributed $13 million, equating to more than a
million books, to high-needs elementary schools across Canada.  Visit loveofreading.org for more information.

To learn more about Indigo, please visit the Our Company section at www.indigo.ca.

SOURCE Indigo Books & Music Inc.

Source: PR Newswire