The Caisse has not dropped Jean Coutu group - The Caisse has not only retained its holdings in Jean Coutu Group, it has increased them

    MONTREAL, Feb. 15 /CNW Telbec/ - The Caisse de dépôt et placement du
Québec wishes to correct the misinformation that it has sold all its shares of
Jean Coutu Group. The Caisse held 2,237,000 shares of Jean Coutu Group as at
September 30, 2007; this position increased to over 3 million shares as at
December 31, 2007.
    Media conclusions regarding the Caisse's holdings in the Group were based
on statutory filings made by the Caisse with the U.S. Securities Exchange
Commission (SEC). Up until September, filings by the Caisse disclosed its
holdings in Jean Coutu Group. The December filing made no reference to the
Caisse's shareholdings in Jean Coutu Group because the Group is no longer an
SEC registrant.
    The Caisse would like to apologize to Jean Coutu Group and anybody who
this information may have misled, and point out that this error might have
been avoided if this interpretation had been checked with its representatives

    The Caisse de dépôt et placement du Québec is a financial institution
that manages funds primarily for public and private pension and insurance
plans. As at December 31, 2006, it held $143.5 billion of net assets. One of
the leading institutional fund managers in Canada, the Caisse invests in the
main financial markets as well as in private equity and real estate. For more

For further information:

For further information: Annie Vallières, Media Relations, (514)

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