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Toromont Announces Quarterly Dividend

TORONTO, ONTARIO — (Marketwire) — 10/12/11 — Toromont Industries Ltd. (TSE: TIH) today announced the regular quarterly dividend of 11 cents per share on outstanding common shares, payable January 3, 2012 to shareholders of record on December 12, 2011.

About Toromont

Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO Refrigeration. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. CIMCO Refrigeration is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Each segment offers comprehensive product support capabilities. This press release and more information about Toromont can be found on the web at .

Contacts:
Toromont Industries Ltd.
Robert M. Ogilvie
Chairman & CEO
(416) 667-5554

Toromont Industries Ltd.
Paul R. Jewer
Executive Vice President & CFO
(416) 667-5638

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