TORONTO, ONTARIO--(Marketwire - Aug. 9, 2012) - Dundee Corporation (TSX:DC.A)(TSX:DC.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.3125 per first preference share, series 1 payable on September 28, 2012 to shareholders of record on September 14, 2012.

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

FOR FURTHER INFORMATION PLEASE CONTACT:

Lucie Presot
Dundee Corporation
Vice President and Chief Financial Officer
(416) 365-5157