EX-99.1 2 ex990520048k.txt EXHIBIT 99.1 FOR FORM 8-K DATED MAY 21, 2004 EXHIBIT 99.1 NEWS RELEASE ------------ Date: May 20, 2004 Contact: Joe L. Powers Executive Vice President P.O. Box 141000 Nashville, TN 37214-1000 Phone: (615) 902-1300 Fax: (615) 883-6353 Website: www.thomasnelson.com THOMAS NELSON DECLARES CASH DIVIDEND NASHVILLE, TN, May 20, 2004. Thomas Nelson, Inc. (NYSE:TNM) today announced that the Board of Directors has declared a cash dividend of $0.04 (four cents) per share for each Common and Class B Common share outstanding. This represents an indicated annual cash dividend of $0.16 (sixteen cents) per share. The dividend is payable July 19, 2004 to shareholders of record at the close of business on July 5, 2004. Thomas Nelson, Inc. is a leading publisher and distributor of books emphasizing Christian, inspirational and family value themes and believes it is the largest publisher of Bibles and inspirational books. For more information, visit the Company's website at www.thomasnelson.com. Thomas Nelson's stock is listed on the New York Stock Exchange (TNM-NYSE). ###