Postal Disruption- Liquor Stores N.A. Ltd. Dividend Payments


EDMONTON, ALBERTA--(Marketwire - June 15, 2011) - Liquor Stores N.A. Ltd. (the "Corporation")(TSX:LIQ) announced today that as a result of the current Canada Post labour strike, registered shareholders of the Corporation who receive monthly dividend payments in the form of a physical cheque may experience a delay respecting their receipt of the Corporation's previously-announced dividend for the month of May 2011 (the "May Dividend").

It is expected that cheques mailed by the Corporation for the May Dividend may not be received by registered shareholders until resumption of normal postal services. Registered shareholders receiving dividend payments by electronic funds transfer should receive the May Dividend payment in the normal course.

Registered shareholders receiving dividends via physical cheque are encouraged to set up electronic funds transfer for anticipated future dividend payments by the Corporation. Detailed instructions on initiating electronic payments will be attached to the May Dividend cheques.

About Liquor Stores N.A. Ltd.

Liquor Stores N.A. Ltd. is a publicly traded corporation that indirectly operates 236 retail liquor stores in Alberta, British Columbia, Alaska and Kentucky. Liquor Stores N.A. Ltd. trades on the Toronto Stock Exchange under the symbol LIQ. For additional information about Liquor Stores N.A. Ltd., visit www.sedar.com and the Corporation's website at www.liquorstoresna.ca.

Forward-Looking Statements

Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements") within the meaning of the "safe harbour" provisions of applicable securities legislation. Forward-looking statements are typically identified by words such as "will" and "expect" and similar words suggesting future events or future performance. In particular, this document contains forward-looking statements pertaining to the anticipated future dividends to be paid by the Corporation. With respect to forward-looking statements contained in this document, the Corporation has made certain assumptions regarding, among other things, future sales and revenues, and expenses. Although the Corporation believes that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause Liquor Stores' actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, general economic conditions in Canada and the U.S., and that the Corporation's dividend policy may change from time to time and that dividends may be reduced or eliminated entirely. Readers are cautioned that this list of risk factors should not be construed as exhaustive. The forward-looking statements contained in this document speak only as of the date of this document. Except as expressly required by applicable securities laws, the Corporation does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

Contact Information:

Liquor Stores N.A. Ltd.
Patrick de Grace
Senior Vice President and Chief Financial Officer
(780) 917-4179

Liquor Stores N.A. Ltd.
Rick Crook
President and Chief Executive Officer
(780) 497-3271
www.liquorstoresna.ca

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