Mac-Gray Corporation Increases Quarterly Dividend by 10% to $.055

The Board of Directors of Mac-Gray Corporation TUC has approved a 10% increase to the quarterly dividend on the Company's Common Stock – raising it to $0.055 per share. The Board declared a dividend of $0.055 per share payable on April 1, 2011, to stockholders of record at the close of business on March 15, 2011.