TORONTO, ONTARIO--(Marketwire - March 8, 2011) - Dundee Corporation (TSX:DC.A)(TSX:DC.PR.B) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.42188 per cumulative 5-year rate reset first preference share, series 2 payable on March 31, 2011 to shareholders of record on March 17, 2011.

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

Contact Information: Dundee Corporation
Lucie Presot
Vice President and Chief Financial Officer
(416) 365-5157