Canaccord Financial Inc. Discloses Transaction

CANACCORD FINANCIAL INC. DISCLOSESTRANSACTION IN OWN SHARES UNDERNORMAL COURSE ISSUER BID/BUY-BACK PROGRAMME TORONTO, July 22, 2013 - Canaccord Financial Inc. (the "Company") (TSX: CF,LSE: CF.) wishes to announce that for the period from July 15, 2013, to July19, 2013, it purchased 45,800 of its common shares through the facilities ofthe TSX and alternative trading systems in accordance with the requirements ofthe TSX pursuant to the normal course issuer bid (NCIB)/buy-back programmeannounced on August 13, 2012. The highest and lowest daily average price paid for the purchased shares was$6.2500 and $6.1343 per common share respectively and the volume weightedaverage price per common share was $6.1921. The Company has so far purchased 841,272 common shares under the existing NCIBwhich authorizes it to purchase up to 3,000,000 of its common shares betweenAugust 13, 2012 and August 12, 2013. These shares will be cancelled but untilthat happens are held in treasury. ABOUT CANACCORD FINANCIAL INC.: Through its principal subsidiaries, Canaccord Financial Inc. is a leadingindependent, full-service financial services firm, with operations in twoprincipal segments of the securities industry: wealth management and globalcapital markets. Since its establishment in 1950, Canaccord has been driven byan unwavering commitment to building lasting client relationships. We achievethis by generating value for our individual, institutional and corporateclients through comprehensive investment solutions, brokerage services andinvestment banking services. Canaccord has offices in 13 countries worldwide,including Wealth Management offices located in Canada, Australia, the UK andEurope. Canaccord Genuity, the international capital markets division,operates in Canada, the US, the UK, France, Germany, Ireland, Italy, Hong Kong,mainland China, Myanmar, Singapore, Australia and Barbados. Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX andthe symbol CF. on the London Stock Exchange. FOR FURTHER INFORMATION CONTACT: North America media: Scott Davidson Executive Vice President, Global Head of Corporate Development and Strategy Phone: 416-869-3875, email: [email protected] For investor relations inquiries contact: Andrea SergautisManager, Investor Relations & CommunicationsPhone: 416-687-5507, email: [email protected] London media: Bobby Morse or Ben Romney Buchanan (London) Phone: +44 (0) 207 466 5000, email: [email protected] Broker: Oliver Hearsey or James Kelly RBC Europe Limited Phone: +44 (0) 20 7653 4000, email: [email protected]

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