UnionBancorp, Inc. Declares Quarterly Dividends

UnionBancorp, Inc. Declares Quarterly Dividends 


OTTAWA, Ill., Dec. 22  /PRNewswire-FirstCall/ -- Dewey R. Yaeger, President and
Chief Executive Officer of UnionBancorp, Inc. , announced today that the
Company's Board of Directors approved the payment of a $0.09 quarterly cash
dividend on the Company's common stock.  This marks the 75th consecutive quarter
of dividends paid to stockholders.  The dividend will be paid to stockholders of
record on January 9, 2004 and will be payable on January 23, 2004.

UnionBancorp, Inc. is a regional financial services company based in Ottawa,
Illinois, and devotes special attention to personal service and offers Bank,
Trust, Insurance, Investment and Electronic Data Processing services at each of
its locations.  The Company's market area extends from the far Western suburbs
of the Chicago metropolitan area across Central and Northern Illinois to the
Mississippi River in Western Illinois.

This release may contain "forward-looking" statements.  Forward looking
statements are identifiable by the inclusion of such qualifications as
"expects", "intends", "believes", "may", "likely" or other indications that the
particular statements are not based upon fact but are rather based upon the
Company's beliefs as of the date of this release.  Actual events and results may
differ significantly from those described in such forward-looking statements,
due to changes in the economy, interest rates or other factors. For additional
information about these factors, please review our filings with the Securities
and Exchange Commission. 

DATASOURCE: UnionBancorp, Inc.



CONTACT:  Dewey R. Yaeger, President and Chief Executive Officer,

 , or Kurt R. Stevenson, Senior Vice President and Chief

Financial Officer,  , both of UnionBancorp, Inc.,

[phone]



Web site:  http://www.ubcd.com/ 

Copyright