La Capitale Financial Group renews its partnership by investing $300,000 within the Quebec Foundation for athletic excellence

and presents $70,000 in bursaries to twenty-two very promising student-athletes.

Quebec City, May 28, 2012 – Mr. René Rouleau, Chairman and Chief Executive Officer of La Capitale Financial Group, announced today the renewal of their partnership with the Quebec Foundation for Athletic Excellence with a check of $300,000, representing $100,000 per year until 2015. He also unveiled the names of the 22 very promising student-athletes who shared $70,000 in bursaries during the 3rd edition of La Capitale Financial Group Bursary Program within the Foundation.

In 2010, the company announced that La Capitale Financial Group was becoming a prestigious sponsor of the Quebec Foundation for Athletic Excellence by donating $300,000 – $100,000 per year over three years (2010-2011 and 2012).

From the $100,000 invested per year, $70,000 was distributed today to 22 very promising student-athletes. Nine of them are identified Hopeful athletes by their Provincial Sport Federation and received grants of $2,000, four of them received a grant of $4,000 as they are part of the Elite category and nine others also received a check of $4,000 as they are part of the Excellence category.

The 2012 La Capitale Financial Group bursary program recipients are between 12 and 23 years old. Among them, three athletes are preparing for the next Summer Olympic Games in London and a fourth one for the 2012 Paralympic Games also in London. These athletes are Marie-Ève Beauchemin-Nadeau in weightlifting, 13th at the 2011 World Championships;Élise Marcotte in synchronised swimming, double gold medallist in duo and team events at the 2011 Pan-American Games;Katerine Savard in swimming, who won the 100 m butterfly event at the 2012 recent Olympic Trials and Cindy Ouellet in wheelchair basketball, who was named on the All Stars team at the 2011 U-25 World Championships.

La Capitale Financial Group Bursary Program is dedicated to young promising student-athletes who have the potential to shine on the international competition scene. "We believe that La Capitale Financial Group bursaries will ultimately make a difference because they are given at a crucial moment in an athlete's career when he or she needs to devote time mostly to training and studies, without having to worry about financial matters. Thus, we are offering a helping-hand to many promising athletes who share with us a common goal, that of gaining international recognition" stated Mr. Rouleau.

Mr. Claude Chagnon, president of the Quebec Foundation for Athletic Excellence, who launched in 2010 the Foundation’s 2010-2015 fundraising campaign, said he was very pleased to see the renewal of La Capitale Financial Group, a leader in its field within the Quebec-based companies. “The renewal of La Capitale Bursary Program confirms their commitment to make a difference in the career of our young athletes as soon as their talent emerges on the national scene, before they become well known. La Capitale Financial Group’s commitment is a great example of the private sector support needed for our young athletes. La Capitale will also be able to follow four of their bursary recipients at the next Summer Olympic and Paralympic Games in London.” said Mr. Chagnon.

Bursary recipients must be eligible to represent Canada at Olympic Games, Paralympic Games, Pan-American Games, Commonwealth Games, World University Games or at World Championships, junior or senior, in their own sport. They also need to be engaged in a high performance training and competition program and they must be following part-time or full-time studies in order to prepare their after-career. This bursary program is directed by the Quebec Foundation for Athletic Excellence in collaboration with all the provincial sports federations.

La Capitale Financial Group Bursary Program
List of the 2012 bursary recipients
Name Discipline Category Age City of residence
Myriam Adam Hand-cycling Hopeful 18 Saint-Jean-sur-Richelieu
Joakim Albert Track cycling & long track speed skating Hopeful 17 St Augustin-de-Desmaures
Anne-Marie Comeau Cross country skiing & track and field Hopeful 15 St-Ferréol-les-Neiges
Sarah Fournier Swimming Hopeful 15 Québec
Jean-Sébastien Fugère Wind surfing Hopeful 17 Yamachiche
Félix Gauthier Diving Hopeful 12 St-Augustin-de-Desmaures
Stéphanie Morier Equestrian (jumping) Hopeful 22 Beloeil
Vicky Rainville-Joyal Handball Hopeful 17 St-Bonaventure
Olivier Vachon Snowboard (alpine) Hopeful 18 Québec
Andréanne Langlois Canoe-kayak sprint Elite 19 Lac Beauport
Jérémy Martin Mountain biking Elite 20 Boischatel
Yolaine Oddou Biathlon Elite 22 Val-Bélair
Maximilien Van Haaster Fencing (foil) Elite 19 Montréal
Marie-Ève Beauchemin-Nadeau Weightlifting (69 kg) Excellence 23 Candiac
Antoine Caron Mountain biking Excellence 20 Stoneham
Élise Marcotte Synchronised swimming Excellence 23 Ancienne-Lorette
Cindy Ouellet Wheelchair basketball Excellence 23 Sainte-Foy
Joseph Polossifakis Fencing (sabre) Excellence 21 Laval
Katerine Savard Swimming Excellence 19 Québec
Alexandre St-Jean Short track speed skating Excellence 19 Québec
Pierre-Luc Thériault Table tennis Excellence 18 St-Fabien
Laurence Vincent Lapointe Canoe-kayak sprint Excellence 20 Trois-Rivières

About La Capitale Financial Group

Guided by the values of mutual aid and solidarity that it has upheld for more than seventy years, La Capitale Financial Group works with people by providing access to insurance products and financial services tailored to their stage of life in order to build, protect and value what they feel counts for their financial security. Given the important social and economic role La Capitale plays, it is proud to contribute to the progress and well-being of the whole community.

About the Quebec Foundation for Athletic Excellence

The mission of the Foundation is to financially support and encourage student-athletes in their pursuit of excellence and to promote athletes as role models in Quebec society. Over the past five years, the Foundation has awarded more than 3.4 million dollars in bursaries to student-athletes in the past five years and will distribute a minimum of $925,000 in 2012. Please visit our new website at faeq.com and Like our new Facebook page: FAEQ – Fondation de l’athlète d’excellence du Québec.