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Strategies & Market Trends : UNQT - Union Equity, Inc.

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From: jmhollen	4/18/2005 9:41:20 AM
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Union Equity Approves 600% Dividend for Shareholders 4/18/2005 9:08:01 AM PALM BEACH, Fla., Apr 18, 2005 (BUSINESS WIRE) -- Union Equity Inc. (Pink Sheets:UNQT) has approved a 600% dividend in the form of six-for-one forward split of its common stock issued and outstanding as of 4/27/05 (the record date). Odd lots shall be rounded up. "We want to reward our shareholders for their continued loyalty," said Union Equity CEO Michael Anthony. "Their steadfast belief in our company has allowed us to expand rapidly and diversify into peripheral markets." In accordance with SEC Rule 10b-17, NASDAQ has been notified 10 calendar days in advance of the record date. About Union Equity Union Equity is a national real estate development and holding company, specializing in the fields of Residential Property Development, Mortgage Finance and Construction of New Residential Properties. The company plans to grow aggressively over the next two to three years through acquisitions, mergers and internal growth. About the Industry Florida ranked fifth nationally in housing appreciation in 2004. Further information on the company can be found on their website; unqt.com. SOURCE: Union Equity, Inc. Union Equity Inc. Investor Relations, 800-916-3457 Fax: 800-916-3451 contact@union-equity.com .

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