Dundee Corporation Discontinues Arrangements With Credit Rating Services

Dundee Corporation (TSX:DC.A)(TSX:DC.PR.A)(TSX:DC.PR.B) (the "Corporation")
today announced that it has chosen to discontinue the services of each of
Standard & Poor's and DBRS with regards to maintaining a credit rating for the
Corporation. The Corporation has determined that since it has limited amounts of
public debt outstanding, and no current intention to issue additional public
debt, there is no need for it to maintain the credit ratings, nor incur the
significant associated costs of maintaining such ratings.


ABOUT THE CORPORATION 

Dundee Corporation is an independent publicly traded Canadian asset management
company. The Corporation's asset management activities are focused in the areas
of the Corporation's core competencies and include real estate and
infrastructure as well as energy, resources and agriculture. Asset management
activities are carried out by Goodman Investment Counsel Inc. (formerly Ned
Goodman Investment Counsel Limited), a registered portfolio manager and exempt
market dealer across Canada and an investment fund manager in the provinces of
Ontario, Quebec and Newfoundland; and by DREAM, the asset management division of
Dundee Realty Corporation, a 70% owned subsidiary of the Corporation. Asset
management activities are supported by the Corporation's ownership interest in
Dundee Capital Markets Inc. Dundee Capital Markets is also the asset manager of
the Corporation's flow-through limited partnership business carried out through
the "CMP", "CDR" and "Canada Dominion Resources" brands. Dundee Corporation also
owns and manages direct investments in these core focus areas, through ownership
of both publicly listed and private companies. Real estate operations are
carried out through the Corporation's investment in Dundee Realty Corporation,
an owner, developer and manager of residential and recreational properties in
North America. Energy and resource operations include the Corporation's
ownership in Dundee Energy Limited, an oil and natural gas company with a
mandate to create long-term value through the development of high impact energy
projects. The Corporation also holds other investments in the resource sector,
several of which are equity accounted. Agricultural activities are carried out
through Dundee Agricultural Corporation. Dundee Agricultural Corporation holds
an 84% interest in Blue Goose Capital Corporation, a privately owned Canadian
company with a leading position in the organic and natural beef production
market with operations in both British Columbia and Ontario.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dundee Corporation
Ned Goodman
President and Chief Executive Officer
(416) 365-5665


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

Dundee (TSX:DC.PR.B)
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から 4 2024 まで 5 2024