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Industrial Alliance Announces the Purchase of 25,200 Additional Shares of Clarington

Quebec City,

News Release

As part of its take-over bid for Clarington Corporation ("Clarington"), Industrial Alliance Insurance and Financial Services Inc. ("Industrial Alliance") announced that today it purchased on the open market, through the Toronto Stock Exchange, 25,200 shares of Clarington, at the price of $15.05 per share. This purchase increases the total number of shares of Clarington that Industrial Alliance owns to 662,700. 

About Industrial Alliance

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services. The fifth largest life and health insurance company in Canada, Industrial Alliance is at the head of a large financial group – the Industrial Alliance Group – which has operations across Canada as well as in the Northwestern United States. Industrial Alliance insures over 1.7 million Canadians, employs more than 2,600 people and manages and administers over $32 billion in assets. Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG. Industrial Alliance is among the 100 largest public companies in Canada.

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Jacques Carrière
Vice-President, Investor Relations
Office phone: (418) 684-5275
Cell phone: (418) 576-3624