POWER CORPORATION MAKES AVAILABLE 2010 FINANCIAL INFORMATION IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS

MONTREAL, April 29 /CNW Telbec/ - Power Corporation of Canada (TSX: POW) today made available its 2010 financial information reflecting the adoption of International Financial Reporting Standards (IFRS), which replaced Canadian Generally Accepted Accounting Principles effective January 1, 2011. The 2010 financial information entitled "Power Corporation of Canada - Adoption of International Financial Reporting Standards" is available on the Corporation's website at http://www.powercorporation.com/investors.

Power Corporation's unaudited interim consolidated financial statements for the quarter ended March 31, 2011 will be prepared in accordance with IFRS and will be released on May 13, 2011.

Power Corporation of Canada is a diversified international management and holding company with interests in companies in the financial services, communications and other business sectors.

SOURCE POWER CORPORATION OF CANADA

For further information:

Mr. Edward Johnson
Senior Vice-President,
General Counsel and Secretary
514-286-7400

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POWER CORPORATION OF CANADA

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