UHCR Announces 1 For 1 Stock Dividend

Ulysses Holding Corporations (UHCR:PK) announced today that The Board of Directors and management of UHCR have approved a 1 for 1 stock dividend for all common shareholders of record on February 1, 2008 and will be paid out to shareholders of record on February 29, 2008.

The company, acting on the advice of its financial advisors, took this action to increase liquidity in the company stock. The financial advisors and the company believe since the float in UHCR is so small that there will be no negative impact on the company share price. After the dividend is paid, the float will be 8,296,924 shares.

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