TORONTO, ONTARIO--(Marketwire - Feb. 8, 2011) - The Board of Directors of United Corporations Limited (TSX:UNC)(TSX:UNC.PR.A)(TSX:UNC.PR.B)(TSX:UNC.PR.C) today declared the following cash dividends:
| Amount of | |||
| Class | Record Date | Payable Date | Dividend |
| First Preferred Shares | May 4, 2011 | May 13, 2011 | $0.375 |
| Second Preferred Shares, 1959 Series |
May 4, 2011 | May 13, 2011 | $0.375 |
| Second Preferred Shares, 1963 Series |
May 4, 2011 | May 13, 2011 | $0.375 |
| Common Shares | May 4, 2011 | May 13, 2011 | $0.20 |
United Corporations Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.
Contact Information: United Corporations Limited
Frank J. Glosnek
Treasurer
(416) 947-2578
(416) 362-2592 (FAX)
www.ucorp.ca