Intact completes medium term note offering



    
    /THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTED
    IN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS
    SERVICES./
    

    TORONTO, Aug. 31 /CNW/ - Intact Financial Corporation (TSX: IFC)
announced today that it has completed its previously announced offering of
$250 million principal amount of senior unsecured medium term notes (the
"Notes") pursuant to its medium term note program. The Notes will bear
interest at a fixed annual rate of 5.41% until maturity on September 3, 2019.
Details of the offering are set out in the pricing supplement which is
available on the SEDAR website for IFC at www.sedar.com. The Notes were
offered on a best efforts basis through a syndicate led by CIBC World Markets
Inc. and TD Securities Inc. The net proceeds of the offering will be used by
IFC for general corporate and investment purposes.
    The Notes have not been and will not be registered in the United States
under the Securities Act of 1933, as amended, and may not be offered, sold or
delivered in the United States or to U.S. Persons absent registration or
applicable exemption from the registration requirement of such Act. This press
release does not constitute an offer to sell or a solicitation to buy the
medium term notes in the United States.

    About Intact Financial Corporation

    Intact Financial Corporation is the largest provider of property and
casualty insurance in the country with over $4 billion in premiums. Its 7,000
employees offer home, auto and business insurance under the Intact Insurance,
Novex Group Insurance, belairdirect and Grey Power brands.





For further information:

For further information: Media inquiries: Ian Blair, Director, External
Communications, (416) 341-1464 ext. 45251, Email: ian.blair@intact.net;
Investor inquiries: Michelle Dodokin, Vice President, Investor Relations,
(416) 344-8044, Email: michelle.dodokin@intact.net


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