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
December 31, 2013 to shareholders of record on December 17, 2013. 


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


ABOUT DUNDEE CORPORATION

Dundee Corporation is a public Canadian independent holding company listed on
the Toronto Stock Exchange ("TSX") 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
and corporate finance, energy, resources, agriculture, real estate and
infrastructure. Dundee Corporation also holds, directly and indirectly, a
portfolio of investments mostly in these core focus areas, as well as other
select investments in both publicly listed and private companies.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dundee Corporation
Ned Goodman
President and Chief Executive Officer
[phone]


Dundee Corporation
Lucie Presot
Vice President and Chief Financial Officer
[phone]