2007 – A Record Year for Desjardins Funds!

Lévis (Québec), January 8, 2008 – Desjardins Group announces that Desjardins Funds have set a new record in 2007 with net sales reaching $1.9 billion, which represents an increase of 63% over figures for 2006 and brings the total assets to $12.2 billion. This amount was also put forward by the Investment Funds Institute of Canada (IFIC) in its report entitled Mutual Fund AUM and Net Sales by Funds Administration/Distribution Role. This report includes the assets of funds of funds and of co-branded funds.

Note that 2008 rolls in with changes brought to certain Desjardins Funds. Coming into effect during the month of January, these changes are the result of a comprehensive analysis of our range of funds, and are in keeping with the growth dynamics that have made Desjardins the Québec leader in investment funds. “All of the decisions stemming from our revision meet the fundamental objectives that are maximized return potential, diversified management styles, reduced management costs, and enhanced tax benefits,” stated Marc Dubuc, Vice-President, Marketing, Desjardins Funds.

About Desjardins Group

Desjardins Group is the largest integrated cooperative financial group in Canada, with overall assets of $147 billion, as at September 30, 2007. It comprises a network of caisses, credit unions and business centres in Québec and Ontario, and some twenty subsidiary companies in life and general insurance, securities brokerage, venture capital and asset management, many of which are active across the country. Drawing on the expertise of its 40,000 employees and the commitment of 6,800 elected officers, Desjardins offers its 5.8 million individual and corporate members and clients a full range of financial products and services. Its physical distribution network is complemented by leading-edge virtual access methods.

- 30 -

Our press releases are available in format

Information (for journalists only):
André Chapleau
Director, Information and Media Relations
514-281-7229 or 1-866-866-7000, ext. 7229