UTC.C - <span class="simulate_din_font">Utility Corp. Declares Monthly Dividend</span> (CAD 0.07)

Company: Utility Corp Cl C
Stock Name: UTC.C
Amount: CAD 0.07
Announcement Date: 13/10/2011
Record Date: 24/10/2011

Dividend Detail:

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TORONTO, Oct. 13, 2011 /CNW/ - The Board of Directors of Utility Corp.
(the "Company") has today declared a regular monthly dividend
distribution of $0.07 per Class C Share payable on October 31, 2011 to
holders of record at the close of business on October 26, 2011.

Shareholders are entitled to receive dividends as declared by the Board
of Directors of Utility Corp. It is the Company's policy to declare and
pay equal monthly dividends on the outstanding Class C Shares based on
revenue received less expenses.

Utility Corp. is a mutual fund corporation whose investment portfolio
consists of publicly listed securities of selected Canadian utility and
telecommunication issuers. The Class C Shares of Utility Corp. are
listed for trading on the Toronto Stock Exchange under the symbol
UTC.C.

For further information:

Investor Relations
Utility Corp.
(416) 863-7893
E-mail:mc_utility@scotiacapital.com
Web site:www.scotiamanagedcompanies.com