Directorate Change

Canaccord Genuity Group Inc. announces nomination of independent Director Kalpana Desai nominated as Director for election at upcoming annual generalmeeting TORONTO, June 24, 2014 /CNW/ - Canaccord Genuity Group Inc. (the "Company")(TSX: CF, LSE: CF.) announces that the Board of Directors of the Company hasnominated Kalpana Desai for election as an independent Director at the upcomingannual general meeting (AGM), to be held in Toronto on August 6, 2014. Ms.Desai's appointment will expand the Board of Directors to nine directors, sevenof whom are independent. "With more than two decades of global investment banking experience, Kalpanawill add a valuable perspective to our Board of Directors," said Paul Reynolds,President and CEO of Canaccord Genuity Group. "We look forward to the benefitof her judgment and counsel related to our strategic priorities, which includeimproving our position in the Asia-Pacific region as a leading investment bankfocused on the mid-market." Ms. Desai has over 22 years of international investment banking experience. Shewas Head of Macquarie Capital Asia, the investment banking division ofMacquarie Group from 2010 to 2013, having joined that firm in 2009. From 2002to 2009 she was Head of the Asia-Pacific Mergers & Acquisitions Group and aManaging Director in the Investment Banking Division of Merrill Lynch (nowcalled Bank of America Merrill Lynch) based in Hong Kong, having joined thatfirm in 1998. Earlier, Ms. Desai had worked at Barclays de Zoete Wedd in Londonand Hong Kong and J. Henry Schroder Wagg and Coopers & Lybrand Consulting inLondon. Ms. Desai was a member of the Takeovers and Mergers Panel of theSecurities and Futures Commission in Hong Kong from 2007 to 2014. Born in Kenya and educated in the United Kingdom, Ms. Desai has lived in HongKong since 1997. She has a B.Sc. with Honours from the University of London(London School of Economics and Political Science) and trained as a CharteredAccountant (ACA) with Coopers & Lybrand (now PricewaterhouseCoopers) in London. Ms. Desai is not currently serving as a director of any other public companies. ABOUT CANACCORD GENUITY GROUP INC.: Through its principal subsidiaries, Canaccord Genuity Group Inc. (the"Company") is a leading independent, full-service financial services firm, withoperations in two principal segments of the securities industry: wealthmanagement and capital markets. Since its establishment in 1950, the Companyhas been driven by an unwavering commitment to building lasting clientrelationships. We achieve this by generating value for our individual,institutional and corporate clients through comprehensive investment solutions,brokerage services and investment banking services. The Company has offices in11 countries worldwide, including Wealth Management offices located in Canada,Australia, the UK and Europe. Canaccord Genuity, the international capitalmarkets division, operates in Canada, the US, the UK, France, Germany, Ireland,Hong Kong, mainland China, Singapore, Australia and Barbados. To us there areno foreign markets.TM Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSXand the symbol CF. on the London Stock Exchange. SOURCE: Canaccord Genuity Group Inc. For further information: North America media:Scott DavidsonExecutive Vice President, Global Head of Corporate Development and StrategyPhone: 416-869-3875, email: [email protected] For investor relations inquiries contact:Christina MarinoffVice President, Investor Relations & CommunicationsPhone: 416-687-5507, email: [email protected] London media:Robert Morgan or Nicola RatchfordStockwellPhone: +44 (0) 20 7240 2486, email: [email protected];[email protected] Broker:Oliver HearseyRBC Europe LimitedPhone: +44 (0) 20 7653 4000, email: [email protected]