July 12, 2016 Service of hearing notices Securities

Montréal - The publication of this news release constitutes the special method of service authorized by the Bureau de décision et de révision (the "Bureau") of a notice of presentation related to the matter of Daniel L'HeureuxThe respondent Daniel L'Heureux should not be confused with Daniel L'Heureux who holds certificate 165224 in insurance of persons and group insurance of persons and is attached to the firm Daniel L'Heureux - Fiscalité et services financiers and registered as a mutual fund dealing representative with the firm Groupe Cloutier Investissements inc. et al. in respect of the heirs of Claude LemayThe respondent Claude Lemay should not be confused with Claude Lemay who holds certificate 121041 in insurance of persons and group insurance of persons and is attached to Sun Life Financial Distributors (Canada) Inc. and is registered as a mutual fund dealing representative with Sun Life Financial Investment Services (Canada) Inc. and the directors of Claude Lemay Consultant inc. The latter, who is deceased, might have taken part in setting up a structure whereby parties could in particular breach freeze and prohibition orders against Daniel L'Heureux and his companies.

See notice of presentation (pdf - 1 MB)This link will open in a new windowUpdated on July 12, 2016 (in French only).

On July 28, 2016, the Autorité des marchés financiers (the "AMF") will file a request with the Bureau to further extend for another 120 days the freeze orders initially issued on August 4, 2011 and November 16, 2012 in the matter of Daniel L'Heureux et al. This freeze order extension request pertains to the following entities and individuals: Daniel L'Heureux, 9248-8543 Québec inc., Nosfinances.com inc., Claude Lemay, Claude Lemay Consultant inc., Caisse Desjardins du Grand-Coteau, Caisse Populaire d'Hochelaga-Maisonneuve, Bank of Montreal and National Bank of Canada.

The AMF will also file a request with the Bureau to lift the freeze order on certain assets so that the AMF may proceed with the sale of said assets through a third party with a view to potentially paying out the remaining balance of the sale price to investors harmed by the respondents' actions.

The hearing will be held on July 28, 2016 starting at 2:00 p.m. in the Paul-Fortugno room located at 500 René-Lévesque Boulevard West, Suite 16.40 in Montréal, Québec.

The Autorité des marchés financiers (the "AMF") is the regulatory and oversight body for Québec's financial sector.

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