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Desjardins Group Announces Changes in Residential Mortgage Rates

Lévis (Qc), May 21, 2008 - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario*, effective on May 22, 2008.

Terms
Rates
Variation
6 months open
8.00%
-0.65%
6 months closed
6.50%
-0.50%
1 year open
8.30%
-0.80%
1 year closed
6.00%
-0.75%
2 years
6.15%
-0.85%
3 years
6.15%
-0.85%
4 years
6.60%
-0.30%
5 years
6.65%
-0.35%
7 years
7.25%
-0.10%
10 years
7.45%
-0.30%

* Desjardins Credit Union branches in Ontario may apply different rates.

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Information:
André Chapleau
Director, Information and Media Relations
514-281-7229
1-866-866-7000, ext. 7229

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