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Post# of 4973771
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Alias Born 11/08/2003

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Friday, 07/01/2005 9:04:30 AM

Friday, July 01, 2005 9:04:30 AM

Post# of 4973771
Atention K Mart shoppers, remember today is the last day to pick up your shares of UNQT and be eligible to receive a FREE share of Preffered Properties Real Estate for every UNQT share you buy! Sale ends today!

According to the NASDAQ Dividend List, Union Equity Inc (OTC: UNQT) has declared a Spin-Off dividend. This dividend will ONLY be available to shareholders of record as of July 01, 2005.

DECL-DATE X-DATE REC-DATE PAY-DATE
----------- ----------- ----------- -----------
06/21/2005 06/29/2005 07/01/2005 07/08/2005
AMOUNT: Spin-Off
FREQUENCY: N/A
CHANGE: N/A
ADDITIONAL INFO: One 144A restricted share of Preferred Properties Real Estate Inc for every 10 shares held.

Knobias may issue additional reminder alerts to track the important dates surrounding this corporate action.

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