Dundee Corporation (TSX: DC.A) today announced that purchases of a maximum of 1,203,363 of its class A subordinate voting shares ('Subordinate Voting Shares'), representing approximately 5% of its 24,067,271 issued and outstanding Subordinate Voting Shares, by means of a normal course issuer bid through the facilities of The Toronto Stock Exchange ('TSX'), will commence on April 1, 2007 and will terminate no later than March 31, 2008. The purchases will be made in accordance with the Policies and rules of the TSX. The price paid for any Subordinate Voting Shares acquired will be the market price at the time of purchase and all Subordinate Voting Shares purchased under the bid will be cancelled.