Ms. Christina Marinoff reports

CANACCORD GENUITY GROUP INC. DISCLOSES NORMAL COURSE ISSUER BID

Canaccord Genuity Group Inc. has filed a normal course issuer bid (NCIB) to purchase common shares of the company through the facilities of the Toronto Stock Exchange and on alternative trading systems in accordance with the requirements of the TSX. The company has filed a notice for a normal course issuer bid to provide the choice of purchasing up to a maximum of 5,587,378 of its common shares through the facilities of the TSX or alternative trading systems. The purpose of the purchase of common shares under the normal course issuer bid is to enable the company to acquire shares for cancellation, and any shares acquired will be cancelled. The shares that may be repurchased represent 5.0 per cent of the company's outstanding common shares. As of July 31, 2016, there were 111,747,563 common shares of the company issued and outstanding. The company purchased 482,367 common shares at a weighted average per share of $5.3523 under the normal course issuer bid which commenced on Aug. 13, 2015.

The company has also entered into a predefined plan with a designated broker to allow for the repurchase of its common shares under this normal course issuer bid. The company's broker may repurchase the common shares under the plan on any trading during the normal course issuer bid, including during the company's internal trading blackout periods. The plan has been reviewed by the Toronto Stock Exchange and will terminate on the earlier of the termination of the plan by the company in accordance with its terms and the expiry of the bid.

Purchases under the normal course issuer bid are expected to be able to commence on Aug. 15, 2016, and will continue for one year (to Aug. 14, 2017). The maximum consideration will be the market price of the securities at the time of acquisition. Subject to the once per calendar week block purchase exemption, the daily purchases are limited to 90,132 common shares of the company (which is 25 per cent of the average daily trading volume of common shares of the company on the TSX (ADTV) in the six calendar months from February, 2016, to July, 2016 (25 per cent of the ADTV of 360,529)).