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United Mobile Homes, Inc. Increases Dividend


FREEHOLD, N.J., Jan. 14 /PRNewswire-FirstCall/ -- Samuel A. Landy, President of United Mobile Homes, Inc. (Amex: UMH), announced that, on January 13, 2005, the Board of Directors raised its quarterly dividend from $0.24 per share to $0.2425 per share. The $0.2425 per share quarterly dividend is payable March 15, 2005 to shareholders of record February 15, 2005. The Company's new annual dividend rate is $0.97 per share.

United Mobile Homes, Inc., a publicly owned real estate investment trust, owns and operates twenty-seven manufactured home communities located in New York, New Jersey, Pennsylvania, Ohio and Tennessee. In addition, the Company owns a portfolio of REIT securities.

SOURCE  United Mobile Homes, Inc.
    -0-                             01/14/2005
    /CONTACT:  Rosemarie Faccone or Susan Jordan, United Mobile Homes, Inc.,

CO:  United Mobile Homes, Inc.
ST:  New Jersey

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6035 01/14/200510:09 EST

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