Appointments to the Board of Directors of DundeeWealth(TM)

TORONTO, Nov. 4 /CNW/ - DundeeWealth Inc. ("DundeeWealth") (TSX: DW) and its Board of Directors (the "Board") are pleased to announce the appointments of Mr. Andrew Molson and Mr. Russell Morgan to the Board.

Mr. Molson is Vice-Chairman of RES PUBLICA Consulting Group and Vice-Chairman of the board of directors of Molson Coors Brewing Company. Mr. Molson also serves on several non-profit boards including Concordia University, the Institute for Governance of Private and Public Organizations, the Montreal Fluency Centre, the Ste-Justine Hospital Foundation and the Molson Foundation. Mr. Molson is also Honorary Lieutenant Colonel of the Royal Montreal Regiment, and Honorary Commissioner of the Quebec Council of Scouts Canada.

Mr. Morgan accumulated almost 40 years of experience in the financial services industry before his retirement this year. He held various management positions at McLeod, Young, Weir before being appointed Senior Vice President of Investments at ScotiaMcLeod after the Bank of Nova Scotia acquired the brokerage firm. Mr. Morgan was a member of several internal boards throughout his tenure at the bank.

About DundeeWealth Inc.

DundeeWealth is a Canadian owned, independent wealth management company that oversees $65.0 billion in assets under management and administration. 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, 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: Myra Reisler, Manager, Public Affairs, DundeeWealth Inc., (416) 365-5370

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DUNDEEWEALTH INC.

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