Mr. Scott Davidson reports

CANACCORD GENUITY GROUP INC. DISCLOSES NORMAL COURSE ISSUER BID/BUY-BACK PROGRAMME

Canaccord Genuity Group Inc. has filed a normal course issuer bid/buyback program 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 5,163,736 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 per cent of the company's outstanding common shares. As of July 31, 2015, there were 103,274,736 common shares of the company issued and outstanding. The company purchased 933,449 common shares at a weighted average per-share price of $8.254 under the normal course issuer bid which commenced on Aug. 13, 2014.

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 TSX, 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. 13, 2015, and will continue for one year (to Aug. 12, 2016). The maximum consideration will be the market price of the securities at the time of acquisition. In order to comply with the trading rules of the TSX and the conditions for trading under the European Union buyback and stabilization regulation, the daily purchases are limited to 41,767 common shares of the company (which is lesser of (a) 25 per cent of the average daily trading volume of common shares of the company on the TSX in the six calendar months from February, 2015, to July, 2015 (25 per cent of the average daily trading volume of 244,397 shares) and (b) 25 per cent of the average daily trading volume of common shares of the company on the TSX in the month of July, 2015). To fulfill its regulatory reporting requirements in Canada and in the United Kingdom, the company will issue a press release no later than the end of the seventh daily market session following the date of execution of the purchases.