TORONTO, ONTARIO--(Marketwire - Feb. 24, 2011) - The Board of Directors of Onex Corporation (TSX:OCX) today declared a first quarter dividend of $0.0275 per Subordinate Voting Share payable on April 29, 2011 to shareholders of record on April 8, 2011.

Contact Information: Onex Corporation
Emma Thompson
Vice President, Investor Relations
416.362.7711
www.onex.com