Dundee Corporation Declares Quarterly First Preference Shares, Series 2 Dividend

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 June
28, 2013 to shareholders of record on June 14, 2013. 


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


ABOUT THE CORPORATION 

Dundee Corporation is a Canadian holding company listed on the Toronto Stock
Exchange under the symbol "DC.A". Through its operating subsidiaries, Dundee
Corporation is engaged in diverse business activities in the areas of its core
competencies including investment advisory, corporate finance and private equity
investment in real estate and infrastructure, energy, resources and agriculture.
Dundee Corporation holds, directly and indirectly, a portfolio of investments
mostly in these core areas, as well as other select investments in both publicly
listed and private companies. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dundee Corporation
Lucie Presot
Vice President and Chief Financial Officer
[phone]