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Nine of Natcan’s Mutual Funds Rewarded at 2008 Canadian Lipper Fund Awards

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Montreal, April 15, 2008 – Winners of the 2008 edition of the Canadian Lipper Fund Awards were revealed on April 2 during a ceremony held in Toronto. The year 2008 marks the second anniversary of the Canadian Lipper Fund Awards, an opportunity for the wealth management industry to toast mutual funds that have excelled in delivering consistently strong risk-adjusted performance.

National Bank earned top honours in ten categories for funds managed by Natcan Investment Management:

Fund Category Period
National Bank Quebec Growth Fund Canadian Small/Mid Cap Equity 1 year
National Bank Mortgage Fund Canadian Short Term Fixed Income 3 and 5 years
Altamira Japanese Opportunity Fund Japanese Equity 1 year
Altamira Short Term Canadian Income Fund Canadian Short Term Fixed Income 1 year
Altamira Growth and Income Fund Canadian Equity Balanced 3 years
AltaFund Investment Corp Canadian Equity 5 years
Altamira Precision U.S. Currency Neutral U.S. Equity 5 years
Altamira Global Discovery Fund Emerging Markets Equity 10 years
Altamira Science and Technology Fund Science and Technology Equity 10 years

“We are extremely proud of our managers’ accomplishment. This collective effort has firmly positioned ten of our partners National Bank Securities and Altamira’s funds across the vast mutual fund universe,” stated Pascal Duquette, President and Chief Investment Officer of Natcan Investment Management. “The quality of our investment products and the broad scope of our expertise are important assets for National Bank Group clients; in fact, the different categories in which we won the 2008 Lipper Fund Awards clearly illustrates this variety,” Mr. Duquette added.
For further details: http://awards.lipperweb.com/canada/

This document is for information purposes only, and is not and should not be construed as a solicitation or offering of units of any fund or other security in any jurisdiction. While the information provided herein has been obtained from sources we believe to be reliable, we do not guarantee its accuracy or completeness, and it does not confer any right to purchasers. The information and opinions herein are subject to change based on market and other conditions. The views expressed should therefore not be relied upon as the basis of your investment decisions. Past performance is not necessarily indicative of future performance. No part of this publication may be reproduced in any manner without the prior written permission of Natcan Investment Management Inc.

About Lipper Fund Awards

The Lipper Fund Award ceremony held in Toronto is part of a global fund reward program which now includes 21 countries and regions. All 3-year fund winners were recognized at the ceremony. Lipper is a wholly owned subsidiary of Reuters. Lipper is the world's leading fund research and analysis organization covering over 177,000 share classes and over 98,000 funds in 53 registered for sale (RFS) universes.

About Natcan Investment Management Inc.

Founded in 1990 and subsidiary of National Bank of Canada, Natcan Investment Management Inc. is asset management firm serving institutional clients (pension funds, endowments, insurance companies). The company also manages several mutual funds and private wealth portfolios. With over $28 billion in assets under management and more than 40 investment professionals in its Montreal and Toronto offices, it ranks among the leading portfolio management firms in Canada.

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Inquiries:

Jo-Annie Pinto
Assistant Vice President, Communications and Distribution Operations
Natcan Investment Management
Tel.: 514-871-7215

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