NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Urbana Corporation ("Urbana") (TSX:URB.A) is pleased to announce that it has
received the final payout from the settlement with the Philadelphia Stock
Exchange ("PHLX") and a number of its former shareholders.


Urbana received a payment of US$334,017 on March 25, 2009, making Urbana's total
investment return in PHLX 40%.


Nasdaq OMX completed the acquisition of PHLX on July 24, 2008 for $652 million
in cash.


Urbana is an investment corporation that is listed on the Toronto Stock
Exchange. Urbana's current focus is buying memberships and shares in private and
public securities exchanges in North America and around the world.


Forward Looking Statements

Certain statements in this press release constitute "forward-looking" statements
that involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of Urbana to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Unless required by applicable
securities law, Urbana does not assume any obligation to update these
forward-looking statements.
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