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Tri-Continental Corporation Declares
First Quarter Income Dividend Distribution

Tri-Continental Corporation


New York, March 4, 2005 -- The Board of Directors of Tri-Continental Corporation (NYSE: TY), today declared a first quarter income dividend of $0.050 per common share and $0.625 per preferred share. Common share distributions will be paid on March 24, 2005, and preferred share distributions will be paid on April 1, 2005, to stockholders of record as of March 21, 2005. The ex-dividend date for both the common and preferred shar

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