Mr. Paul Reynolds reports

CANACCORD GENUITY GROUP INC. APPOINTS NEW INDEPENDENT DIRECTOR

Canaccord Genuity Group Inc. has appointed Dennis Miller as an additional independent director, effective today. Mr. Miller's appointment expands the board of directors to 10, eight of whom are independent.

"Mr. Miller has extensive experience originating value for growth companies in the American marketplace and his expertise and insight will undoubtedly complement our growing platform in this region," said Paul Reynolds, president and chief executive officer of Canaccord Genuity Group. "I am confident he will be an important strategic resource for our firm as we continue to pursue meaningful growth initiatives across our businesses."

Mr. Miller is an accomplished corporate director and adviser, having spent the last 25 years operating at the intersection of media and technology. He began his career in the entertainment and tax department of the law firm of Manatt, Phelps, Rothenberg and Tunney before becoming executive vice-president of Turner Network Television between 1991 and 1995. Following this, between 1995 until 1998, Mr. Miller was the executive vice-president of Sony Pictures Entertainment, a subsidiary of Sony Corp. of America. From 1998 until 2000, Mr. Miller served as executive vice-president of Lions Gate Entertainment before turning to the private equity industry as managing director for Constellation Ventures, the venture arm of Bear Stearns from 2000 until 2005. In 2005, he became general partner at Spark Capital, a firm known for investing in notable early-stage software and Internet firms, including Twitter, Tumblr, Oculus Rift and Square. Most recently, he advised Lions Gate Entertainment on its digital strategy and investment in TVGN, a fully distributed cable network, through its sale to CBS.

Mr. Miller also serves on the board of directors of Radio One Inc. and Nexstar Broadcasting Group Inc.