Onex Third-Quarter Dividend Declared

All amounts in U.S. dollars unless otherwise stated

| Source: Onex Corporation Onex Corporation

TORONTO, ONTARIO--(Marketwired - Sept. 22, 2016) - The Board of Directors of Onex Corporation (TSX:OCX) today declared a third-quarter dividend of C$0.06875 per Subordinate Voting Share payable on October 31, 2016 to shareholders of record on October 7, 2016.

Contact Information:

Onex Corporation
Emilie Blouin
Director, Investor Relations
416.362.7711
www.onex.com