Power Corporation of Canada http://www.alacrastore.com/company-snapshot/Power_Corporation_of_Canada-1013469 Wednesday, October 08, 2008 1:11:21 AM 1013469 Power Corporation of Canada en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/520811bir/520811normPower Corporation Of CanadaCanadaInsurance: Life, health, group benefits and specialty insurance and reinsurance and retirement savings. Finance: Securities services, financial security advice and planning, wealth management products, mutual and investment funds, managed asset and person63116321632463716399621162826289671916111622162327115241132371102373105111105231205239205239995241145241285251105511129IMPOW8/26/2008 6:21:47 AM520811Company Profiles & FinancialsGale Company ProfilesCANADA - IGM Financial Inc, a ##.#%-owned unit of Power Corp of Canada's Power Financial Corp subsidiary, definitively agreed to acquire all the outstanding common stock of Saxon Financial Inc, a provider of financial services, from CMA Holdings Inc, Mr. Bob Tattersall and Rick Howson (##.#%) and other shareholders, for ## Canadian dollars ($##.### US) in cash per share, or a total value of C$###.### mil ($###.### mil), via a tender offer. The transaction was subject to regulatory approvals.8/8/2008 9:23:20 AM44958680557K73923980557KIGM Financial IncSaxon Financial IncPower Corp of CanadaSaxon Financial Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/IGM_Financial_Inc_intends_to_acquire_Saxon_Finl_Inc-2002324040sdc/20023240402002324040Copyright © 2008, Thomson Financial, All Rights ReservedTorontoInvestment & Commodity Firms,Dealers,ExchangesCanadaInvestment advice6282FFForeignPublicIGI6282:Investment advice6289:Security and commodity services, nec6719:Offices of holding companies, nec6799:Investors, necTorontoInvestment & Commodity Firms,Dealers,ExchangesCanadaSecurity and commodity services, nec6289FFForeignPublicSFI3169002Invest hldg coPvd finl svcsCashCash OnlyCommon Stock921590001Aug 8 20084.0840031.7860025.7460027.0690023.5070017.5560015.169005.7750055.597000.120000.0010025.212001.2080016.5650025.2120053.485000.0410063.17400C31 Mar 080.00000857.411000.000002816.352007700.51500Canadian Dollar31 Mar 0831 Dec 0731 Dec 0631 Dec 0531 Dec 0431 Dec 030.975001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.0000031.00000IGM Financial Inc, located inWinnipeg, Canada, providesfinancial services such asfund management and financialadvisory services. It operatesin two units, Investors Groupand Mackenzie FinancialCorporation. Investors Groupprovides comprehensivefinancial planning advice andservices including investment,retirement, estate and taxplanning. It also offersinsurance, securities, bankingand mortgage products. Itserves through 3,500Consultants and 144 mutualfunds. Mackenzie FinancialCorporation providesinvestment management andfinancial services through 133mutual funds. Mutual fund andasset management productbrands include Cundill, Ivy,Keystone, Maxxum, Sentinel,Select Managers, Symmetry,Universal and MackenzieStructured Products brand. Itoperates in Winnipeg, Toronto,Montreal, Dublin and HongKong.IGM Financial Inc, located in Winnipeg, Canada, providesfinancial services such as fund management and financialadvisory services. It operates in two units, Investors Groupand Mackenzie Financial Corporation. Investors Groupprovides comprehensive financial planning advice andservices including investment, retirement, estate and taxplanning. It also offers insurance, securities, banking andmortgage products. It serves through 3,500 Consultants and144 mutual funds. Mackenzie Financial Corporation providesinvestment management and financial services through 133mutual funds. Mutual fund and asset management productbrands include Cundill, Ivy, Keystone, Maxxum, Sentinel,Select Managers, Symmetry, Universal and MackenzieStructured Products brand. It operates in Winnipeg, Toronto,Montreal, Dublin and Hong Kong.IGM Financial Inc, located in Winnipeg, Canada, provides financial services such as fund management and financial advisory services. It operates in two units, Investors Group and Mackenzie Financial Corporation. Investors Group provides comprehensive financial planning advice and services including investment, retirement, estate and tax planning. It also offers insurance, securities, banking and mortgage products. It serves through 3,500 Consultants and 144 mutual funds. Mackenzie Financial Corporation provides investment management and financial services through 133 mutual funds. Mutual fund and asset management product brands include Cundill, Ivy, Keystone, Maxxum, Sentinel, Select Managers, Symmetry, Universal and Mackenzie Structured Products brand. It operates in Winnipeg, Toronto, Montreal, Dublin and Hong Kong.1.000002.000003.000004.000005.000006.000007.000008.000009.00000Saxon Financial Inc, locatedin Toronto, Canada, providesfinancial services such asmutual fund management,portfolio management andinvestment counseling servicesto individual andinstitutional clients. Thecompany was founded in 2003.Saxon Financial Inc, located in Toronto, Canada, providesfinancial services such as mutual fund management, portfoliomanagement and investment counseling services to individualand institutional clients. The company was founded in 2003.Saxon Financial Inc, located in Toronto, Canada, provides financial services such as mutual fund management, portfolio management and investment counseling services to individual and institutional clients. The company was founded in 2003.0.000000.000000.0000013.61000NCanadian Dollar05 Aug 08Tue, 05 Aug 2008 00:00:00 ESTDate Announced: 08/05/2008Date Effective:MergerNeutral0.000000.000000.00000253.257000.0000021.00000Price/Share0.00000285.846 Canadian Dollar285.84600285.83100285.846 Canadian Dollar285.846000.000000.0000020.1340020.13400253.27200285.846 Canadian Dollar0.95900N140.321000.000000.000000.000000.000000.00000274.06100274.0610010.820009.587009.7900014.900004.615000.000000.00000100.0000010.8200011.049005.0110016.817005.2080011.0490016.817005.2080010300.6620012.2530011.8700012.3320024.1740047.139000.00000242.816000.00000-43.340000.00000163.9150055.5970011.9160021.6230028.3600049.7520067.2000065.3500072.840001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.00000CANADA - IGM Financial Inc, a53.6%-owned unit of Power Corpof Canada's Power FinancialCorp subsidiary, definitivelyagreed to acquire all theoutstanding common stock ofSaxon Financial Inc, aprovider of financialservices, from CMA HoldingsInc, Mr. Bob Tattersall andRick Howson (45.4%) and othershareholders, for 21 Canadiandollars ($20.134 US) in cashper share, or a total value ofC$285.846 mil ($274.061 mil),via a tender offer. Thetransaction was subject toregulatory approvals.CANADA - IGM Financial Inc, a 53.6%-owned unit of Power Corp of Canada's Power Financial Corp subsidiary, definitively agreed to acquire all the outstanding common stock of Saxon Financial Inc, a provider of financial services, from CMA Holdings Inc, Mr. Bob Tattersall and Rick Howson (45.4%) and other shareholders, for 21 Canadian dollars ($20.134 US) in cash per share, or a total value of C$285.846 mil ($274.061 mil), via a tender offer. The transaction was subject to regulatory approvals.CANADA - IGM Financial Inc, a 53.6%-owned unit of Power Corp of Canada's Power FinancialCorp subsidiary, definitively agreed to acquire all the outstanding common stock of SaxonFinancial Inc, a provider of financial services, from CMA Holdings Inc, Mr. Bob Tattersalland Rick Howson (45.4%) and other shareholders, for 21 Canadian dollars ($20.134 US) incash per share, or a total value of C$285.846 mil ($274.061 mil), via a tender offer. Thetransaction was subject to regulatory approvals.CANADA - IGM Financial Inc, a 53.6%-owned unit of Power Corp of Canada's Power Financial Corp subsidiary, definitively agreed to acquire all the outstanding common stock of Saxon Financial Inc, aprovider of financial services, from CMA Holdings Inc, Mr. Bob Tattersall and Rick Howson (45.4%) and other shareholders, for 21 Canadian dollars ($20.134 US) in cash per share, or a total value ofC$285.846 mil ($274.061 mil), via a tender offer. The transaction was subject to regulatory approvals.CANADA - IGM Financial Inc, a 53.6%-owned unit of Power Corp of Canada's Power Financial Corp subsidiary, definitively agreed to acquireall the outstanding common stock of Saxon Financial Inc, a provider of financial services, from CMA Holdings Inc, Mr. Bob Tattersall andRick Howson (45.4%) and other shareholders, for 21 Canadian dollars ($20.134 US) in cash per share, or a total value of C$285.846 mil($274.061 mil), via a tender offer. The transaction was subject to regulatory approvals.Intended4185.63500879.789002889.858007901.498004.1910026.4180027.7760024.1210018.0140015.565005.9260057.0480025.870001.300001.080000.0000022.2930012.613001.2400057.0480056.7120050.6170045.2780034.6650025.9190017.7680014.7320010.784009.470003.5330016.9970027.2380023.6810017.6840015.231005.8090025.8700056.2240049.5660038.4780028.7360011.6360054.8810064.8230067.3520060.7390054.4370044.1500035.45100Status:IntendedC16.9350016.9350.471005.011005.01124.1070047.1530029.7940020.8800048.2620055.5970011.2320017.4030010.8200011.049005.011006282:Investment advice6289:Security and commodity services, nec11507001TorontoCanada6799ForeignPublicPOW6282:Investment advice6289:Security and commodity services, nec921590001TorontoCanada6289ForeignPublicSFI274.06100285.84600274.06100140.32100Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/621329spcred/621329normThe latest Full Report from S&P12/19/2007 1:11:56 PMFull Report400global621329CanadaLife & Health InsuranceCanadaGlobal IssuersFinancial InstitutionsInsuranceFull ReportDominance of major subsidiaries in Canadian mutual fund and life insurance sectors Effective multibrand and multichannel distribution strategy of primary operating entities Very strong operating earnings and consistent growth over the past decade High level of balance-sheet liquidity maintained at the Power level Top-20 position in U.S. mutual funds via Putnam acquisition Complicated financial structure with multiple holding and operating companies Dependence of wealth management revenues on the equity market Negative impact of declining U.S. dollar and other foreign currencies on earnings Lackluster financial performance at the newly acquired Putnam The ratings on Power Corp. of Canada and Power Financial Corp. (collectively known as Power) reflect the diversity of the companies' holdings, low asset and product risk profile of theCAN73923940301020 403010 4030 40Power Corp. of Canada342906CANPOW@CNFULLUSACAN13511013511373927C37137039136#39136R39137044958636238#39136S39138046152H54183013491713511@32041#39138C54200840203010 402030 4020 4040301050 403010 4030 4040301020 403010 4030 40Great-West Lifeco Inc.GWL&A Financial Inc.London Life Insurance Co.Great-West Life Capital TrustIGM Financial Inc.Canada Life Capital TrustCanada Life Assurance Co. (U.S. branch)London Insurance Group Inc.Canada Life Assurance Co. (The)First Great-West Life&Annuity Insurance Co.Great-West Life&Annuity Insurance Co.Great-West Life Assurance Co. (U.S. branch)Great-West Life Assurance Co.Canada Life Insurance Co. of AmericaPower Financial Corp.Canada Life Financial Corp336484349016351985115915328917336286349022319104108793302555115925115926349496111212360358367819CANUSA1883Z@CNPOW@CNLON@CN338718ZGWO@CN1883Z@CN3527Z3464ZCL@CNIGI@CNPOW@CNPWF@CN231330Q338409ZLLIN@CNCL@CNGLOBISSFIINSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/621332spcred/621332normThe latest Summary from S&P12/19/2007 1:11:56 PMSummary175global621332CanadaLife & Health InsuranceCanadaGlobal IssuersFinancial InstitutionsSummaryThe ratings on Power Corp. of Canada and Power Financial Corp. (collectively known as Power) reflect the diversity of the companies' holdings, low asset and product risk profile of the life insurance operations, leading market share position of the Canadian mutual fund franchise, steady dividend stream from their major subsidiaries, high level of balance-sheet liquidity, strong core earnings positions, and demonstrated success in creating value through their various subsidiaries. The ratings on Power also reflect the structural subordination of these holding companies to the debts of their major operating subsidiaries. This is somewhat offset by the diversification effect of the group's investments in North America, Europe, and Asia, and the strong balance-sheet positions maintained by Power. The financial performance ofCAN73923940301020 403010 4030 40Power Corp. of Canada342906CANPOW@CNSUMMARYGLOBISSFICredit & Investment ResearchS&P Credit Research