Unique Bagel Co. Inc., (OTCBB: UQBG), a Delaware corporation, Thursday announced that its board of directors approved a stock dividend of five point two-five (5.25) new shares for every one (1) old share. This shall be a mandatory exchange, therefore, the company will be trading under a new symbol, OTCBB: ``UNQB.'' The record date for the dividend is Dec. 12, 2000, with a pay date of Dec. 12, 2000, with an effective date of Dec. 14, 2000. The dividend shall increase the issued and outstanding to 36,855,000 shares of common stock. The company's transfer agent is Interwest Stock Transfer, Salt Lake City.