SUN VALLEY, Calif., Dec. 7, 2010 (GLOBE NEWSWIRE) -- In a press release issued earlier today by Emergent Group Inc. (NYSE Amex Equities:LZR), please note that the headline was incorrect. The headline should read "Emergent Group Inc. Board Declares One-Time Cash Dividend and Regular Annual Dividend Totaling $0.90 per Share"; the original headline stated that the dividend was a regular quarterly dividend.
CONTACT: Emergent Group Inc.         Bruce J. Haber         (914) 235-5550, x. 12