United Corporations LimitedTSX: UNC

United Corporations Limited announces dividends

· Issued by United Corporations Limited via CNW

TORONTO, June 25 /CNW/ - 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:

                                                               Amount of
        Class               Record Date        Payable Date     Dividend

First Preferred Shares     August 6, 2008     August 15, 2008     $0.38

Second Preferred Shares,   August 6, 2008     August 15, 2008     $0.38
 1959 Series

Second Preferred Shares,   August 6, 2008     August 15, 2008     $0.38
 1963 Series

Common Shares              August 6, 2008     August 15, 2008     $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 on 6ix

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