At Thomas Nelson's annual shareholders' meeting Thursday, Sam Moore, chairman of the board of directors and CEO of Thomas Nelson Inc., announced in an earlier meeting that the company's board of directors declared a quarterly cash dividend of $0.05 (five cents) per share for Common and Class B shares outstanding.

This represents an indicated annual cash dividend of $0.20 (twenty cents) per share, an increase of 25%.

The company also announced that the shareholders re-elected two members of the board of directors. Re-elected to serve additional three-year terms on the board were Ronald W. Blue and Sam Moore, the CEO.

The shareholders also elected a new member to serve a three-year term on the board of directors¾Michael S. Hyatt, who was appointed president and COO of the company in January 2004.

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