MFC Industrial Announces 2013 Cash Dividend

                 MFC Industrial Announces 2013 Cash Dividend

PR Newswire

NEW YORK, Jan. 14, 2013

NEW YORK, Jan.14, 2013 /PRNewswire/ --MFC Industrial Ltd (NYSE: MIL) ("MFC"
or the "Company") is pleased to announce that its Board of Directors has
declared an annual cash dividend for 2013 of US$0.24 per common share. The
dividend is 9% higher than the dividend paid in 2012, and, based on the
closing price of $8.55 for the Company's common shares on December 31, 2012,
represents a dividend yield of approximately 2.81%, compared to an annual
dividend yield of approximately 2.5% for the NYSE Composite Index in 2012.

  oThe 2013 cash dividend will be paid in equal quarterly installments of
    $0.06 by the Company.
  oThe first payment of $0.06 per common share will be paid on February 8,
    2013  to shareholders of record on January 25, 2013. For such payment, the
    Company's common shares will tradeex-dividend on January 23, 2013.
  oThe remaining quarterly dividend payments of $0.06 per common share in
    2013 are expected to be made to shareholders of record in March, June and
    September of 2013.
  oThe dividend is subject to customary Canadian withholding tax for
    non-resident shareholders. Pursuant to applicable tax treaties the
    withholding rate for eligible U.S. resident shareholders is 15%. The
    dividend is an eligible dividend under the Income Tax Act (Canada).

Michael Smith, MFC's Chairman and Chief Executive Officer, commented: "We are
pleased to announce this increased dividend for 2013. This is the second
consecutive increase in our annual dividend since MFC adopted its dividend
policy in 2011 and represents a higher yield than that of the NYSE Composite
Index for 2012."

The declaration, timing, and payment of future dividends will depend on, among
other things, the Company's financial results.

About MFC Industrial Ltd.

MFC is a global commodity supply chain company and is active in a broad
spectrum of activities, including its integrated commodities operations,
mineral and hydrocarbon interests, which focus on metals, energy, chemicals,
plastics and wood products. MFC also provides logistics, financial and risk
management services to producers and consumers of commodities. Our global
business activities are supported by our captive commodities sources through
strategic direct or indirect investments and other commodities sources secured
by us from third parties. To obtain further information on MFC, please visit
our website at:

Disclaimer for Forward-Looking Information

This document contains statements which are, or may be deemed to be,
"forward-looking statements" which are prospective in nature. Forward-looking
statements are not based on historical facts, but rather on current
expectations and projections about future events, and are therefore subject to
risks and uncertainties which could cause actual results to differ materially
from the future results expressed or implied by the forward-looking
statements. Often, but not always, forward-looking statements can be
identified by the use of forward-looking words such as "plans", "expects",
"estimates", "intends", "anticipates" "believes", or variations of such words
and phrases or statements that certain actions, events or results "may",
"could", "should", "would", "might" or "will" be taken, occur or be achieved.
Such statements are qualified in their entirety by the inherent risks and
uncertainties surrounding future expectations. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors which may
cause the Company's actual results, revenues, performance or achievements to
be materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Important factors that
could cause the Company's actual results, revenues, performance or
achievements to differ materially from expectations include, among other
things: general business and economic conditions globally, commodities price
volatility, industry trends, competition, inability to successfully integrate
acquired business and/or companies, incurring and/or experiencing
unanticipated costs and/or delays or difficulties relating to the integration
of acquired businesses and other factors beyond the Company's control. Such
forward-looking statements should therefore be construed in light of such
factors. Other than in accordance with its legal or regulatory obligations,
the Company is not under any obligation and the Company expressly disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. Additional information about these and other assumptions, risks and
uncertainties are set out in the Company's MD&A for the three and nine months
ended September 30, 2012, which has been filed with Canadian securities
regulators and filed on Form 6-K with the United States Securities and
Exchange Commission.

SOURCE MFC Industrial Ltd.

Contact: Corporate, Rene Randall of MFC Industrial Ltd., +1-604-683-8286 ex
224,, or, Investors, Kevin McGrath of Cameron Associates
Inc., +1-212-245-4577,, for MFC Industrial Ltd.
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