Transaction in Own Shares

CANACCORD GENUITY GROUP INC. DISCLOSES CANCELLATION OF SHARES TORONTO, May 16, 2014 - Canaccord Genuity Group Inc. (the "Company") (TSX: CF,LSE: CF.) has cancelled 273,695 of its common shares as of May 13, 2014. Theseshares were cancelled under the Genuity Escrow Agreement entered into inconnection with the acquisition of Genuity Capital Markets. 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. FOR FURTHER INFORMATION CONTACT: 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]