Appointment of Mr. Bruno Morin as General Manager of Capital Desjardins

    MONTREAL, July 28 /CNW Telbec/ - Ms. Monique F. Leroux, Chair of the
Board, President and CEO of Desjardins Group, announced the appointment of
Mr. Bruno Morin to the position of General Manager of Capital Desjardins. This
appointment follows the retirement of Mr. Jean-Guy Langelier, who held the
position before.

    About Capital Desjardins

    Capital Desjardins, a wholly-owned subsidiary of the Fédération des
caisses Desjardins du Québec, was established in 1995. Its sole purpose is to
offer its own securities in the financial markets and to invest the proceeds
in securities issued by Desjardins caisses. When caisses need capital, they do
business with Capital Desjardins, which acts as a bridge between the
Desjardins caisses and institutional investors by consolidating the securities
they issue.

    About Desjardins Group

    Desjardins Group is the largest integrated cooperative financial group in
Canada, with overall assets of nearly $150 billion, as at March 31, 2008. It
comprises a network of caisses, credit unions and business centres in Québec
and Ontario, and some twenty subsidiary companies in life and general
insurance, securities brokerage, venture capital and asset management, many of
which are active across the country. Drawing on the expertise of its
40,000 employees and the commitment of more than 6,500 elected officers,
Desjardins offers its 5.8 million individual and corporate members and clients
a full range of financial products and services. Its physical distribution
network is complemented by leading-edge virtual access methods. To find out
more, consult

For further information:

For further information: (for journalists only): André Chapleau,
Director, Information and Media Relations, (514) 281-7229, 1-866-866-7000,
ext. 7229,

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