Transaction in Own Shares

Canaccord Financial Inc. discloses transaction in own shares under normalcourse issuer bid/buy-back programme TORONTO, Sept. 23, 2013 /CNW/ - Canaccord Financial Inc. (the "Company") (TSX:CF, LSE: CF.) wishes to announce that for the period from September 16, 2013,to September 18, 2013, it purchased 17,200 of its common shares through thefacilities of the TSX and alternative trading systems pursuant to the normalcourse issuer bid (NCIB)/buy-back programme announced on August 8, 2013. The highest and lowest daily average price paid for the purchased shares was$6.8000 and $6.7792 per common share respectively and the volume weightedaverage price per common share was $6.7866. The Company has so far purchased 352,456 common shares under the NCIB whichauthorizes it to purchase up to 5,136,948 of its common shares between August13, 2013 and August 12, 2014. Of these shares, 85,800 have been cancelledeffective as of August 31, 2013, and the remaining 266,656 will be held intreasury until they are cancelled within the next 60 days. 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 12 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, 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. SOURCE: Canaccord Financial 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:Andrea SergautisManager, Investor Relations & CommunicationsPhone: 416-687-5507, email: [email protected] London media:Bobby Morse or Ben RomneyBuchanan (London)Phone: +44 (0) 207 466 5000, email: [email protected] Broker:Oliver Hearsey or James KellyRBC Europe LimitedPhone: +44 (0) 20 7653 4000, email: [email protected]