Dundee Corporation Announces Results of Conversion Privilege of Its Cumulative 5-Year Rate Reset First Preference Shares, Series 2

TORONTO, ONTARIO--(Marketwired - Sept. 17, 2014) - Dundee Corporation (TSX:DC.A)(TSX:DC.PR.B) ("Dundee") today announced that 1,720,615 of its 5,200,000 Cumulative 5-Year Rate Reset First Preference Shares, Series 2 ("Series 2 Shares") will be converted on September 30, 2014, on a one for one basis, into Cumulative Floating Rate First Preference Shares, Series 3 ("Series 3 Shares"). As a result, on September 30, 2014, Dundee will have 3,479,385 Series 2 Shares and 1,720,615 Series 3 Shares issued and outstanding. The Series 2 Shares are listed on the Toronto Stock Exchange under the symbol DC.PR.B and the Series 3 Shares will be listed on the Toronto Stock Exchange effective September 30, 2014 under the symbol DC.PR.D.

ABOUT DUNDEE CORPORATION

Dundee is a public Canadian independent holding company listed on the Toronto Stock Exchange under the symbol "DC.A". Through its operating subsidiaries, Dundee is engaged in diverse business activities in the areas of its core competencies including investment advisory and corporate finance, energy, resources, agriculture, real estate and infrastructure. Dundee also holds, directly and indirectly, a portfolio of investments mostly in these core focus areas, as well as other select investments in both publicly listed and private companies.