Dundee Corporation: Dundee Corporation Declares First Preference Shares, Series 1 Dividend

   

• TORONTO, ONTARIO (MARKET WIRE) Dundee Corporation (TSX: DC.A)(TSX: DC.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.3125 per first preference share, series 1 payable on April 2, 2007 to shareholders of record on March 19, 2007.

TORONTO, ONTARIO -- (MARKET WIRE) -- March 05, 2007 -- Dundee Corporation (TSX: DC.A)(TSX: DC.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.3125 per first preference share, series 1 payable on April 2, 2007 to shareholders of record on March 19, 2007.

The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (Canada).

Dundee Corporation is primarily a holding company dedicated to wealth management, real estate and resources. Its domestic financial service activities are carried out through its 56% owned subsidiary, Dundee Wealth Management Inc., a company with $60.1 billion in assets under management and administration. Dundee Corporation's real estate activities are conducted through its approximate 78% owned subsidiary, Dundee Realty Corporation which operates a land and housing business in Canada and the United States. Real estate activities also include an approximate 18% interest in Dundee REIT, a Canadian real estate investment trust, which owns a diversified portfolio of high quality office and industrial properties across Canada. Resource activities are carried out through its wholly owned subsidiary Dundee Resources Limited.

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Contacts:
Dundee Corporation
Joanne Ferstman
Executive Vice President and Chief Financial Officer
(416) 365-5010

SOURCE:  Dundee Corporation

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