Caisse centrale Desjardins Completes $500M Notes Offering

On June 8, 2010, Caisse centrale Desjardins completed an issuance of $500 million principal amount of Series 2010-3 Medium Term Deposit Notes.

This $500 million offering is the first to be made by Caisse centrale Desjardins under the terms of a base shelf prospectus dated April 13, 2010, which provides for the issuance of up to $5 billion of unsecured medium term deposit notes with maturities of more than one year.

Desjardins Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc., Casgrain & Company Ltd. and Laurentian Bank Securities Inc. acted as agents with respect to the offering.

Caisse centrale Desjardins was represented in-house by a team from the Desjardins Group composed of Renaud Coulombe, Vice President, Legal Affairs and Compliance, Caroline Thomassin, General Manager, Legal Affairs, Project and Financing, Strategy, Performance and Development, and Mylène Masse, Legal Counsel, and assisted by Peter Villani, Jean Michel Lapierre and Christian Jacques of Fasken Martineau DuMoulin LLP.

The agents were advised by Solomon Sananes and Amélie Métivier of Ogilvy Renault LLP.

Lawyer(s)

Jean Michel Lapierre Renaud Coulombe Caroline Thomassin Christian Jacques Mylene Masse Amélie Métivier Solomon Sananes Peter Villani