E-Z-EM: Declares Stock Dividend Contact: Dennis J. Curtin Chief Financial Officer Tel.: 1-800-544-4624, ext. 320 E-Z-EM, INC., DECLARES STOCK DIVIDEND Westbury, New York; February 3, 1998 E-Z-EM, Inc. (AMEX EZM.A and EZM.B) announced today that its Board of Directors declared on January 23, 1998, a 3% stock dividend on shares of the Company's common stock. The dividend, payable in non-voting Class B Common Stock, is payable on March 16, 1998, to shareholders of record of Class A and Class B Common Stock on February 26, 1998. Shareholders entitled to receive fractional shares of stock will be issued a cash payment in lieu thereof. The fractional share cash payment will be based on the closing price of Class B stock as reported by the American Stock Exchange on January 22, 1998. E-Z-EM, Inc., is the world's largest manufacturer of contrast agents for gastrointestinal radiology. The Company's common stock trades on the American Stock Exchange under the symbols EZM.A and EZM.B. For additional information on E-Z-EM, including a copy of our latest annual report, please contact Frank Kerrigon at 1-800-544-4624, ext 325, or visit our web site at www.ezem.com. Ends.