The Caisse de dépôt et placement du Québec welcomes its new chairman

The Caisse de dépôt et placement du Québec is pleased to welcome its new Chairman, Robert Tessier.

“On behalf of the members of the Executive Committee, as well as the employees of the Caisse, I would like to welcome Mr. Tessier and assure him that he will have our full co-operation in carrying out his mandate,” stated Fernand Perreault, President and Chief Executive Officer of the Caisse.

Mr. Perreault also stressed that Mr. Tessier’s leadership and tremendous administrative and managerial expertise would be “a definite asset given the many challenges the Caisse must rise to over the short and medium terms.”

Mr. Perreault also took the opportunity to thank Pierre Brunet, the outgoing Chairman, on behalf of the Board of Directors and the Caisse.

“Mr. Brunet’s experience and contribution have been important to the Caisse in many respects in recent years. The Board of Directors joins me in commending him on his work in heading up the Board of Directors and in offering sincere thanks,” Mr. Perreault concluded.

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