TORONTO, ONTARIO--(Marketwired - May 8, 2013) - The Board of Directors of United Corporations Limited (TSX:UNC) has declared a cash dividend of $0.63 per Common Share payable June 28, 2013 to shareholders of record on June 14, 2013. This dividend represents a distribution of the balance of net investment income (after payment of preferred share dividends) for the year ended March 31, 2013.

United Corporations Limited advises that the above referenced dividend is an eligible dividend for the purposes of the Income Tax Act (Canada), and any similar provincial tax legislation.

Contact Information:

United Corporations Limited
Frank J. Glosnek
Treasurer
(416) 947-2578
(416) 362-2592 (FAX)
www.unc.ca