Desjardins Funds: Net Sales in February

Lévis (Québec), March 4, 2008 - Desjardins Group announces that the Desjardins Funds registered $132.1 million in net sales for the month of February, bringing its total assets to $12 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.

"As was the case for the whole of the mutual fund industry, we experienced a slowdown at the beginning of the year caused by blips in the stock markets. However, February proved to be more reassuring, which indicates that many investors have understood that it was in their best interest to be present on the markets if they wish to eventually benefit from an upswing," declared Marc Dubuc, Vice President, Marketing, of Desjardins Funds.

About Desjardins Group

Desjardins Group is the largest integrated cooperative financial group in Canada, with overall assets of $144 billion, as at December 31, 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 more than 6,500 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.

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