UIC United Indl Corp

United Industrial Announces Dividend HUNT VALLEY, Md., March 10 /PRNewswire-FirstCall/ -- United Industrial Corporation announced today that its Board of Directors has declared a dividend of $0.10 a share on its Common Stock, payable March 31, 2004to stockholders of record at the close of business on March 22, 2004. United Industrial Corporation is a company focused on the design and production of defense systems. Its products and services include unmanned aerial vehicles, test and training systems, automated aircraft test and maintenance equipment and logistical/engineering services. The Company also manufactures combustion equipment for biomass and refuse fuels. Except for the historical information contained herein, information set forth in this news release may contain forward-looking statements subject to risks and uncertainties which could cause the Company's actual results or performance to differ materially from those expressed or implied in such statements. The Company makes no commitment to update any forward-looking statement or to disclose any facts, events, or circumstances after the date hereof that may affect the accuracy of any forward-looking statement. For additional information about the Company and its various risk factors, reference is made to the Company's most recent Annual Report an Form 10-K and Quarterly Report on Form 10-Q as filed with the Securities and Exchange Commission. For more information, please visit United Industrial's web site at http://www.unitedindustrial.com/ DATASOURCE: United Industrial Corporation CONTACT: James H. Perry, Vice President and Chief Financial Officer of United Industrial Corporation, +1-410-628-8786, Web site: http://www.unitedindustrial.com/ Company News On-Call: http://www.prnewswire.com/comp/113559.html

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