United Corporations Limited
TSX : UNC

June 28, 2005 15:37 ET

United Corporations Limited-Quarterly Dividend Distribution Declaration

TORONTO, ONTARIO--(CCNMatthews - June 28, 2005) - United Corporations Limited (TSX:UNC) -



10th Floor
165 University Avenue
Toronto, Ontario
M5H 3B8
Tel (416) 947-2578
Fax (416) 868-6199


June 28, 2005


The Toronto Stock Exchange
The Exchange Tower
2 First Canadian Place
Toronto, Ontario
M5X 1J2

Dear Sir/Madam:

At a meeting of Directors held on June 28, 2005 the following
dividends were declared:

First Preferred Shares
Cash dividend of thirty-eight cents ($0.38) per share payable
August 15, 2005 to shareholders of record August 8, 2005.

Second Preferred Shares - 1959 series
- 1963 series
Cash dividend of thirty-eight cents ($0.38) per share payable
August 15, 2005 to shareholders of record August 8, 2005.

Common Shares
Cash dividend of twenty cents ($0.20) per share payable
August 15, 2005 to shareholders of record August 8, 2005.


Yours truly,




Mark M. Taylor
Secretary


Contact Information

  • United Corporations Limited
    Travis R. Epp
    (416) 947-2578