7th Annual General Meeting of Capital régional et cooperatif Desjardins

    QUEBEC CITY, March 28 /CNW Telbec/ - The 7th Annual General Meeting of
Capital régional et coopératif Desjardins was held today at the Québec City
Convention Centre. André Lachapelle, the Company's Chairman of the Board, took
particular pride in underscoring the steadfast support of more than 120,000
shareholders whose investments contribute to the growth of 195 companies,
providing close to 30,000 jobs in Québec.
    Mr. Lachapelle also mentioned that the sale of shares is continuing
through the Desjardins caisse network. He was pleased to announce that only
$50M remains available after a mere 10 days of sales. "We're seeing real
enthusiasm for this product-and just as strong as it was a few years back,"
remarked Mr. Lachapelle. "Our shareholders know that buying Capital régional
shares is an attractive investment, particularly for those who have no extra
RRSP contribution room."
    Louis L. Roquet, President and Chief Operating Officer of Desjardins
Venture Capital, the Company's manager, explained the strategies put in place
to confront economic conditions that appear unlikely to improve anytime during
the upcoming year. "We've been proactive, we've refined our strategies, our
teams are more highly specialized and our investment portfolio is less
vulnerable," he reported "Given that Capital régional's permanent status
requires a different strategy, we can now commit to investing close to $200M
over the next two years. We're also actively continuing our support to our
partner companies who will have to face an extremely difficult economic
climate. Because after all, our entrepreneurs have put 40 years into building
up our economy-and we've got to keep our businesses here in Québec."

    Desjardins Capital régional et coopératif

    Founded in 2001, Capital régional et coopératif Desjardins is a publicly
traded company managed by Desjardins Venture Capital. With over 120,000
shareholders, the Company contributes to Québec's economic development while
supporting the growth of cooperatives and the resource regions. Capital
régional et coopératif Desjardins currently invests in 195 companies and
cooperatives in various industries spanning all Québec regions.

For further information:

For further information: Sylvie Audet, Vice-President, Strategic
Planning and Communications, Desjardins Venture Capital, (514) 281-7799,
sylvie.audet@dcrdesjardins.com; Danièle Routhier, Manager, Public Affairs,
Desjardins Venture Capital, (514) 281-2211,

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890