Mr. Aaron Williams reports

GENWORTH MI CANADA INC. ACKNOWLEDGES ANNOUNCEMENT BY GENWORTH FINANCIAL, AND BROOKFIELD BUSINESS PARTNERS L.P. OF REGULATORY APPROVAL FOR SALE OF GENWORTH FINANCIAL STAKE

Genworth MI Canada Inc. acknowledges the announcements today by Genworth Financial, Inc. and Brookfield Business Partners LP that Brookfield Business Partners together with its institutional partners have received approval under the Insurance Companies Act (Canada) to purchase Genworth Financial's majority interest in the company and they expect to close the transaction on Dec. 12, 2019.

About Genworth MI Canada Inc

Genworth MI Canada, through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, is the largest private residential mortgage insurer in Canada.

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