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CARA OPERATIONS DECLARES DIVIDEND

 TORONTO, Nov. 24 ~PRNewswire~ -- Cara Operations Limited declared a dividend of 4 cents per share, payable on Dec. 15, 1992 to shareholders of record of common and class "A" non-voting shares of the corporation on the close of business on Dec. 1, 1992.
 Cara Operations Limited profile:
 Cara Operations Limited is a leader in the food services~hospitality industry and in the retailing and commercial distribution of office products~furniture.
 Family style dining is offered at Swiss Chalet and Steak & Burger Restaurants throughout Canada and in certain Florida and New York State cities. Fast food, featuring charbroiled hamburgers and chicken is served at Harvey's and Harvey's Plus, while Hershel's offers delicatessen fare. Home delivery service for charbroiled chicken and ribs is offered through Swiss Chalet.
 The airport services division provides catering and ancillary services to major Canadian and international airlines through flight kitchens and commissaries across Canada. It also operates restaurants, gift stores and newsstands at airports, hotels and railway stations.
 Office products and furniture are offered through Grand & Toy retail outlets and commercial distribution centers in many major cities in Canada.
 Beaver Foods Limited and Les services alimentaires CVC Inc. provide contract food service management to high schools, colleges, universities, rest homes, hospitals, corporate and government cafeterias, and remote camps throughout Canada, while Summit Food Distributors Inc. is engaged in wholesale food distribution primarily in southern Ontario.
 -0- 11~24~92
 ~CONTACT: Michael Nahirny, senior vice president & CFO, finance & administration of Cara Operations Limited, 416-969-2500~
 (CAO.)


CO: Cara Operations Limited ST: Ontario IN: LEI SU: DIV

WB -- NY071 -- 1257 11~24~92 16:43 EST
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Publication:PR Newswire
Date:Nov 24, 1992
Words:266
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