Vancouver, April 2, 2007
Credential Financial Inc. and the Mouvement des caisses populaires acadiennes announce comprehensive partnership

Vancouver, BC - Credential Financial Inc. (Credential) and the Mouvement des caisses populaires acadiennes announced today, that as of June 30th 2007, Credential Asset Management would become the Carrying Dealer for the Mouvement des caisses populaires acadiennes.  As the Carrying Dealer, Credential is committed to providing the Mouvement des caisses populaires acadiennes with best practices and back office services that are second to none.

With over 200,000 members, the Mouvement des caisses populaires acadiennes offers advisory services to 33 Caisses operating in 85 business locations in New Brunswick. The partnership agreement between Credential and the Mouvement des caisses populaires acadiennes will provide the Caisses with enhanced services, economies of scale, and access to a comprehensive product offering.

“The Mouvement des caisses populaires acadiennes aims to provide the highest quality products and services to its members. We are happy to announce the conclusion of a partnership agreement with Credential Financial Inc., since this alliance will enable us to improve the services we provide our members and to benefit from the expertise of another co-operative institution of national stature” stated Camille Thériault, the President and Chief Executive Office of the Mouvement des caisses populaires acadiennes.

This partnership represents a further expansion by Credential into the French market.  “With Credential’s roots in the co-operative movement there is a synergy between our two organizations that offers an opportunity for the continued growth of both partners,” said Don Rolfe, President and CEO, Credential Financial Inc. “We look forward to working together with our colleagues from the Mouvement des caisses populaires acadiennes,” he added.

About the Mouvement des caisses populaires acadiennes:

The Mouvement des caisses populaires acadiennes was founded in 1946. It is the largest Acadian financial institution in New-Brunswick. With its 200,000 members and assets of more than $2.4 billion, this network consists of 33 Caisses and 85 service points in New Brunswick. More than 1,000 employees and 350 elected representatives constitute the strength of the organization. The Fédération des caisses populaires acadiennes is located in Caraquet, New Brunswick. For more information, visit our Web site at http://www.acadie.com.

About Credential Financial Inc. – Credential Financial Inc. is the national wealth management company owned by the Canadian credit union system.  Offering a full line up of financial products and services, Credential and its member companies (Credential Asset Management, Credential Securities, Credential Direct, Credential Insurance Services, and Credential Financial Strategies) provide top quality investment and insurance advice to investors.

For more information on the Mouvement des caisses populaires acadiennes contact:

Mario Griffin, Communication et relations publiques
Vice Présidence Communications et Stratégie
Mouvement des caisses populaires acadiennes
Tel:  506.726.4785 Fax: 506.726.8220
mario.griffin@acadie.com

For more information on Credential Financial Inc. contact:

Jane Mitchell, Public Relations
Credential Financial Inc.
Tel: 604.714.3843 Fax: 604.714.3864 
mediarelations@credential.com