DundeeWealth Inc. announces pricing of Notes and filing of final short form
prospectus

    
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TORONTO, Sept. 18 /CNW/ - DundeeWealth Inc. (the "Company") (TSX - "DW") is pleased to announce that it has priced an offering of $200,000,000 aggregate principal amount of 5.10% Series 1 Notes (the "Notes"). The Notes are being offered for sale on an underwritten basis through a syndicate led by Scotia Capital Inc. and including TD Securities Inc., CIBC World Markets Inc., Dundee Securities Corporation and GMP Securities L.P. The Notes will mature September 25, 2014. Interest on the Notes at a rate of 5.10% per annum will be payable semi-annually in arrears in March and September of each year, commencing March 25, 2010, until September 25, 2014. The Notes will be direct unsecured obligations of the Company and will rank equally with all other outstanding unsecured and unsubordinated indebtedness of the Company.

The Company expects to use the net proceeds from the offering for general corporate purposes, including to repay short term indebtedness. Closing of the offering is expected to occur on or about September 25, 2009.

The Company has filed a final short form prospectus relating to the offering of the Notes with the securities regulatory authorities in each of the provinces of Canada. The short form prospectus is available on SEDAR at www.sedar.com.

About DundeeWealth Inc.

DundeeWealth Inc. is a Canadian owned, independent wealth management company that oversees $62.5 billion in fee earning assets. It provides diversified wealth management and investment solutions including alternative and tax-advantaged products, capital markets and advisory services to financial advisors, institutions, corporations and foundations, and innovative wealth management through independent financial advisors across Canada. Its award winning investment brand, Dynamic Funds(TM), managed by Goodman & Company, Investment Counsel Ltd., is also available outside of Canada through distribution platforms in Europe and the United States. DundeeWealth is listed on the Toronto Stock Exchange (TSX: DW).

SOURCE DUNDEEWEALTH INC.

For further information: For further information: Investor/Analyst Inquiries, John Pereira, Chief Financial Officer, DundeeWealth Inc., (416) 365-5180; Media Inquires, Myra Reisler, Manager, Public Affairs, DundeeWealth Inc., (416) 365-5370

Organization Profile

DUNDEEWEALTH INC.

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