The Caisse de dépôt et placement du Québec sells common shares of Iteration Energy Ltd

The Caisse de dépôt et placement du Québec (the “Caisse”) announces that it has sold, on the Toronto Stock Exchange, 8,000,000 common shares of Iteration Energy Ltd ("Iteration") (or 3.79% of such shares outstanding) at a price of $0.90 per share.

Following this transaction, the number of common shares of Iteration held by Caisse is 24 861 552 or, 11.78% of such shares outstanding.

This transaction was made for investment purposes and the Caisse could increase or decrease its investments in Iteration, depending on market conditions or any other relevant factor.

About the Caisse de dépôt et placement du Québec
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, 2008, it held $120.1 billion of net assets. As 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 information: www.cdpq.com.