PURCHASE, N.Y., November 17 — The Friedlander Group, Inc. has declared a 35 percent dividend to 978 members with policies effective during the year of March 1, 2005, to March 1, 2006. This is in addition to the Advance Premium Discount of up to 25 percent, Friedlander Group said.

Friedlander Group is the group manager for Retail Group of New York Workers’ Compensation Safety Group number 544, underwritten by the New York State Insurance Fund.

“Since 1992, safety conscious retailers consistently saved over 50 percent on their workers’ compensation,” said Adam Friedlander, group manager. “Brokers benefit by gaining and retaining their clients with a proven fully insured solution.”

Friedlander Group manages three other Workers’ Compensation Safety Groups. The Wholesale Group of N.Y. number 551 has paid an average dividend of 36 percent since inception, and the United Restaurants of N.Y. number 556 paid an average dividend of 39 percent since inception. Friedlander Group said it also recently formed a Hotel and Motel Group number 578 in June 2006. A total of $68 million in dividends has been paid to members, in addition to advance discounts, Friedlander Group stated.