Connor, Clark & Lunn 2010 Flow-Through Limited Partnership Completes its
Initial Public Offering

TORONTO, May 6 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. is pleased to announce that the Connor, Clark & Lunn 2010 Flow-Through Limited Partnership (the "Partnership") has completed the closing of its initial public offering. The Partnership raised gross proceeds of $7,035,750 from the issuance of 281,430 limited partnership units (the "Units") at $25.00 per Unit.

The Partnership's investment objective is to provide Limited Partners with a tax-assisted investment in a diversified portfolio of Flow-Through Shares of resource issuers with a view to achieving capital appreciation for Limited Partners. The principal business of the resource issuers will be: (i) oil and gas exploration, development and production; (ii) mineral exploration, development and production; or (iii) certain energy production that may incur certain start-up phase costs of renewable energy and energy efficient projects. The original investment amount made by Limited Partners is intended to be 100% tax deductible in 2010.

Connor, Clark & Lunn Investment Management Ltd. as the Investment Advisor provides investment advisory and portfolio management services to the Partnership. The Investment Advisor, part of the Connor, Clark & Lunn Financial Group, was established in 1982 and has offices in Vancouver and Toronto. The Investment Advisor has over $20.2 billion of assets under its management as of March 31, 2010, of which approximately $4.2 billion was invested in energy and materials sector investments.

Connor, Clark & Lunn Capital Markets Inc. is the Manager of the Partnership. The Manager has raised more than $1.7 billion in assets since 2004 and is also part of the Connor, Clark & Lunn Financial Group. Through its affiliated investment managers, Connor, Clark & Lunn Financial Group is responsible for the investment of approximately $35.5 billion in financial assets.

The Units were offered for sale by a syndicate of agents led by BMO Nesbitt Burns Inc., CIBC World Markets Inc. and RBC Dominion Securities Inc. and included National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., GMP Securities L.P., Raymond James Ltd., Canaccord Financial Ltd., HSBC Securities (Canada) Inc., Manulife Securities Incorporated, Dundee Securities Corporation, Macquarie Capital Markets Canada Ltd. and Wellington West Capital Markets Inc.

SOURCE Connor, Clark & Lunn Capital Markets Inc.

For further information: For further information: please visit or contact: Darren Cabral, Vice President, Connor, Clark & Lunn Capital Markets Inc., (416) 214-6182 or 1-888-276-2258,

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Connor, Clark & Lunn Capital Markets Inc.

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