United Corporations Limited Announces Dividends

TORONTO, ONTARIO–(Marketwired – June 22, 2016) – The Board of Directors of United Corporations Limited (TSX:UNC) (TSX:UNC.PR.A) (TSX:UNC.PR.B) (TSX:UNC.PR.C) today declared the following cash dividends:

Class Record Date Payable Date Amount of Dividend
First Preferred Shares August 5, 2016 August 15, 2016 $ 0.375
Second Preferred Shares,1959 Series August 5, 2016 August 15, 2016 $ 0.375
Second Preferred Shares,1963 Series August 5, 2016 August 15, 2016 $ 0.375
Common Shares August 5, 2016 August 15, 2016 $ 0.20

United Corporations Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.

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