Montréal, September 2, 2003 – Investissement Desjardins, the venture capital fund manager of the Desjardins Group, announces a change of corporate name and the adoption of a new visual identity, to become "Desjardins Capital de risque / Desjardins Venture Capital," highlighting even more its membership in the Desjardins Group.

The announcement was made today by the President and Chief Executive Officer of the Desjardins Group, Mr Alban D’Amours, and Mr Luc Chabot, President and Chief Operating Officer of Desjardins Venture Capital.

The name change is part of the overall rebranding of the Desjardins Group. Through it, Desjardins becomes the umbrella banner unifying all of the Mouvement’s subsidiaries through the visual identity.

"The name Desjardins Venture Capital better reflects the niche of this Mouvement Desjardins subsidiary, and the new identity will allow us to, among other things, facilitate the development of our business by establishing more clearly the Desjardins brand as a reference in specialized financial services," said Mr D’Amours.

"By adopting this name, we are clearly demonstrating our will to put the Desjardins brand forward and position our company in the industry in which we are operating," declared Mr Chabot. "We can thus better capitalize on the value of this brand, in Québec as well as Canada, where the company will use mainly the English-language version of its name, Desjardins Venture Capital."

About Desjardins Venture Capital 

Established in 1974, Desjardins Venture Capital is the venture capital fund management arm of the Mouvement des caisses Desjardins. It manages the assets of Desjardins, six Desjardins regional investment funds and Capital régional et coopératif Desjardins, a publicly-traded fund created in 2001 whose authorized capitalization is $1.425-billion. More than a financial partner, Desjardins Venture Capital makes its network and expertise available for businesses in their startup, growth and expansion, as well as their plans for mergers, acquisitions or public offerings. More than 150 companies are already associated with Desjardins Venture Capital. (www.dcrdesjardins.com)

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Source:
Sylvie Audet
Vice President – Institutional Affairs
Desjardins Venture Capital
(514) 281-7799
sylvie.audet@dcrdesjardins.com

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