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Issue of Equity

28th Feb 2007 07:00

Canaccord Capital Inc. - Issue of Shares

TSX: CCI

AIM: CCI

VANCOUVER, Feb. 28 /CNW/ - In connection with Canaccord Capital Inc.'s (AIM: CCI) acquisition of Adams Harkness Financial Group Inc., a privately held Boston, Massachusetts based institutional investment bank, 6,879 common shares have been issued to employees who have ceased their employment in circumstances where the retention plan provides for a partial vesting of the shares awarded under the plan.

ABOUT CANACCORD CAPITAL INC.:

Through its principal subsidiaries, Canaccord Capital Inc. is a leading independent, full-service investment dealer in Canada with capital markets operations in the United Kingdom and the United States of America. Canaccord is publicly traded on both the Toronto Stock Exchange and AIM, a market operated by the London Stock Exchange. Canaccord has operations in two of the principal segments of the securities industry: private client services and capital markets. Together, these operations offer a wide range of complementary investment products, brokerage services and investment banking services to Canaccord's private, institutional and corporate clients. Canaccord has approximately 1,570 employees worldwide in 30 offices, including 23 Private Client Services offices located across Canada. Canaccord Adams, the international capital markets division, has operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco, Houston and Barbados.

For further information: North America Media: Scott Davidson, Managing Director, Global Head of Marketing & Communications, Phone: (416) 869-3875, email: scott_davidson(at)canaccord.com; For investor relations inquiries contact: Katherine Young, Vice President, Investor Relations, Phone: (604) 643-7013, email: katherine_young(at)canaccord.com; London Media: Bobby Morse or Ben Willey, Buchanan Communications (London), Phone: +44207-466-5000, email: bobbym(at)buchanan.uk.com; Nominated Adviser and broker: Ben Money-Coutts, Managing Director, Bridgewell Limited, Phone: +44207-003-3124, email: ben.money-coutts(at)bridgewell.co.uk (CCI.)

CANACCORD CAPITAL INC.

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