Husky Posts Quarterly Dividend

Husky has declared a quarterly dividend of $0.30 (Canadian) per share on its common shares for the three month period ended March 31, 2011. The dividend will be payable on July 5, 2011 to shareholders of record at the close of business on May 20, 2011.

On February 28, 2011, the Company announced that shareholders had approved an amendment to the corporation's articles, which allows shareholders to accept dividends in cash or in common shares.