2009 2nd Quarter Dividend (2009-08-20)

Attention:  Business/Financial Editors

Stock Symbol:  MHR
McGraw-Hill Ryerson Limited Announces Dividend Payment

Whitby - Notice is hereby given that a quarterly dividend of 25.5 cents per common share has been declared payable on September 3, 2009, to shareholders of record at the close of business on August 13, 2009. 

Gordon Dyer, Chief Financial Officer and Secretary-Treasurer
McGraw-Hill Ryerson Limited  (905) 430-5032
http://www.mcgrawhill.ca

07/30/09