AmBase Announces Dividend Payment

GREENWICH, Conn., Oct. 22, 2012 /PRNewswire/ -- AmBase Corporation ("AmBase" or the "Company") is pleased to announce that the Company's Board of Directors has declared a cash dividend of $2.00 per common share to shareholders of record at the close of business on November 21, 2012, payable on December 10, 2012.

SOURCE AmBase Corporation

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