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Canaccord Capital Inc. Press Release

Canaccord Capital Inc. financial results
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February 9th, 2006


Canaccord Capital Inc. (TSX: CCI, AIM: CCI) announced that revenue for its third quarter of fiscal 2006, ended December 31, 2005, was a quarterly record of CDN$158.7 million, up CDN$35.0 million from CDN$123.7 million for the same period a year ago. Net income of CDN$24.2 million for the third quarter of fiscal 2006 was also a quarterly record, up CDN$7.5 million from CDN$16.7 million the same period a year ago, and diluted earnings per share (EPS) for the quarter was CDN$0.52, up CDN$0.16 from CDN$0.36 for the same period a year ago.

Canaccord is a leading independent full service investment dealer with operations in each of the two principal segments of the securities industry: private client services and capital markets. Together these operations offer a wide range of complementary investment products, brokerage services and investment banking services to Canaccord's private, institutional and corporate clients.
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