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ECL — Excelsior Capital News Story

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Australia's Excelsior Capital rises after declaring special dividend

** Shares of Excelsior Capital ECL.AX rise as much as 11.1% to A$1.40, their highest level since March 5

** Investment co announced, after market hours on Friday, a special dividend of 34.49 Australian cents per share, payable on April 20

** Intends to declare a third special dividend subject to realisation of investments

** Stock up 30.4% this year, including the day's move

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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