The CIRI Board of Directors declared a fourth quarter 2008

The CIRI Board of Directors declared a fourth quarter 2008 dividend of $9.89 per share. Shareholders who own 100 shares of stock will receive a fourth quarter dividend of $989. CIRI will mail and direct deposit the dividends on Wednesday, Dec. 10.

The deadline for shareholder address changes for the fourth quarter 2008 dividend is 3 p.m. on Tuesday, Dec. 2. Address change forms can be downloaded from CIRI’s website and mailed to CIRI at P.O. Box 93330, Anchorage, AK 99509-3330, or faxed to (907) 263-5186. Please call the Shareholder Relations Department at (907) 263-5191 or toll-free at (800) 764-2474 to confirm receipt of the fax.

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 on Friday, Dec. 12. The trustees recently approved the 2009 Elders’ payment schedule, with payments scheduled for March 13, June 12, Sept. 11 and Dec. 11. Original shareholders who are 65 years of age or older and who own at least one share of CIRI stock as of those dates are eligible to receive payments. Once again, the Elders’ payments were 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 limitations set by the Social Security Administration.

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 (800) 764-2435.