RBC Dexia Employees Raise €175,000 for Hope for Children. Next up? Climb Mount Kilimanjaro

TORONTO AND LONDON, June 11, 2012 /CNW/ - RBC Dexia Investor Services employees from around the globe have raised more than €175,000 (C$227,230) to support orphaned, poor and exploited children through the UK-based charity Hope for Children. This employee-driven charitable initiative represents one of RBC Dexia's most ambitious global fundraising projects to date.

On June 13th, 2012, the culmination of a six-month awareness and fundraising program, 28 RBC Dexia employees from four countries and three continents will climb Mount Kilimanjaro, the world's tallest free standing mountain and, at 5,895m above sea level, the highest mountain in Africa.

The money raised from the expedition, named Trek for Hope, will support a community in Namuwongo, Uganda where 20,000 people live in impoverished conditions without water or electricity.

"Our employees, both the climbers and the many contributors across our global operation, were eager to participate, eager to reach and exceed the fundraising goal and to donate all they could to help Hope for Children provide for this particular Ugandan community in need," said John Thompson, Chief Financial Officer for RBC Dexia Investor Services and one of the climbers.

Hope for Children is a not-for-profit charity organisation established in 1994 to serve "orphaned, poor and exploited" children all over the world. RBC Dexia has long supported HOPE, both through corporate and employee donations, since 2008.

"RBC Dexia's Trek for Hope is a landmark moment in our history as an organisation and complements other support which is to be given to the community of Namuwongo, in Kampala, Uganda," said Simon Jackman, Chief Executive, Hope for Children. "Through the generosity of RBC Dexia, from the very top of the company to those intrepid climbers and through the engagement of all their employees, this initiative leaves a legacy which the company can surely be proud of."

The climbers were provided with individual fundraising targets which RBC Dexia matched up to a certain amount when they reached their goal.  Fundraising activities and fitness strategies were communicated through an internal company blog, updated regularly by multiple Trek for Hope team leaders spanning the globe.

"Our focus as a climbing group was to engage our fellow employees and do whatever it took to reach our fundraising targets," said Sabine Ducroux, Senior Counsel in London, UK for RBC Dexia and one of the 28 climbers. "Climbing a mountain is nothing compared to what these children endure everyday just to stay alive."

The climbers will be documenting their climb using a satellite phone to provide daily updates for a Trek for Hope blog and through the social media application Twitter.

To donate directly to Hope for Children, please go to www.hope-for-children.org/

About RBC Dexia Investor Services

RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,500 professionals in 15 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.

Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.9 trillion in client assets under administration.

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RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Crédit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.

SOURCE RBC Dexia Investor Services

For further information:

North America
Jason Graham
416-955-5800
jason.graham@rbcdexia.com

Europe
Adam Lister
+44 (0)20 7653 4978
adam.lister@rbcdexia.com

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