La Capitale Insurance and Financial Services Inc.
La Capitale assurances et gestion du patrimoine Inc.

Application For Licence

Notice Is Hereby Given, pursuant to section 49 of the Insurance Act (Ontario), that La Capitale Insurance and Financial Services Inc./La Capitale assurances et gestion du patrimoine Inc. has applied to the Superintendent/CEO of Financial Services Commission of Ontario for an insurance licence authorizing the company to transact Life and Accident and Sickness classes of business in Ontario.

Dated at Quebec, this 30th day of march 2005

La Capitale Insurance and Financial Services Inc./ La Capitale assurances et gestion du patrimoine Inc.

Robert St-Denis
President and chief operating officer
(138-P483) 15, 16