McRae Industries, Inc. Dividend Declared MOUNT GILEAD, N.C., March 2 /PRNewswire-FirstCall/ -- McRae Industries, Inc. (Amex: MRI.A; MRI.B) declared a dividend of $.06 cents per share on the Company's Class A Common Stock payable on March 26, 2004 toshareholders of record on March 12, 2004. DATASOURCE: McRae Industries, Inc. CONTACT: D. Gary McRae, President of McRae Industries, Inc., +1-910-439-6147, or fax, +1-910-439-4190 Web site: http://www.mcraeindustries.com/

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