DELOITTE & TOUCHE

DELOITTE & TOUCHE

April 15, 2008 20:00 ET

Deloitte: Top Performing Dealmakers Honoured at Gala

TORONTO, ONTARIO--(Marketwire - April 15, 2008) - The inaugural 2007 Canadian Dealmakers Gala was held on Tuesday evening to celebrate top performances in the "Art of the Deal." Strategists, corporate executives, investment bankers and lawyers in advisory and underwriting roles in M&A were honoured. Sponsored by Deloitte, Lexpert®, the Globe and Mail and Thomson Financial, the awards target Canadian-headquartered companies or funds that have announced and completed transactions in 2007 or are likely to complete them in 2008.

The leading Deal Team of the Year award was presented to Fortis Inc. and its financial and legal advisors - CIBC World Markets Inc., Davies Ward Phillips & Vineberg LLP, and Farris, Vaughan, Wills & Murphy LLP - for the Terasen Inc. acquisition. Fortis Inc. was also the recipient of the industry award for the Energy, Power & Utilities sector.

Comments Deloitte Partner Charles Knight, "This event celebrates the art - and the science - of some of the most high-profile transactions in recent Canadian history. Every merger, acquisition, joint venture, disposition or strategic alliance has the potential to unlock significant value, but only a few achieve the level of success recognized here."

The awards honour Canadian companies and individuals whose transactions have significantly impacted their industry through innovation and growth; establishment of best practices; enhancement of customer needs and products; and creation of value. The judging panel considered quantitative factors, including value creation, financial soundness and improved industry ranking as well as qualitative factors, including strength of deal thesis, complexity of the deal, pre-integration planning and extent of post-merger integration activities.

The Canadian Dealmakers Gala was attended by 400 corporate executives, legal professionals and investment bankers. The net proceeds raised from the Gala were donated to Junior Achievement of Canada. For more information, visit www.lexpert.ca/dealmakers.



The Canadian Dealmakers of 2007 award winners are:

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Recipient Award Acquisition Value Advisors
($millions)
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Agrium Inc. Materials UAP Holding $ 2,699 Blake, Cassels &
(Calgary) Industry Corp. Graydon LLP; Paul,
Award Weiss, Rifkind,
Wharton & Garrison
LLP; RBC Capital
Markets Corporation
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Astral Media Consumer Standard $ 935 National Bank
Inc. Products and Broadcasting Financial Inc.;
(Montreal) Services Corporation National Bank of
Industry Canada; Stikeman
Award Elliott Stikeman
Elliott LLP;
Watson Wyatt Canada;
Ernst & Young LLP
----------------------------------------------------------------------------
Canadian Industrials Dakota, $ 2,537 Leonard Street and
Pacific Industry Minnesota & Deinard; Morgan
Railway Award Eastern Stanley Canada
Limited Railroad Limited; RBC Capital
(Calgary) Corporation Markets Corporation;
Sidley Austin LLP
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Fortis Inc. Deal Team of Terasen Inc. $ 3,807 CIBC World Markets
(St John's) the Year Inc.; Davies Ward
Phillips & Vineberg
LLP, and Farris,
Vaughan, Wills
Energy, & Murphy LLP.
Power &
Utilities
Industry
Award

(2 separate
awards)
----------------------------------------------------------------------------
TD Bank Finance & Commerce $ 8,638 Davis Polk &
Financial Real Estate Bancorp, Wardwell; JPMorgan;
Group Industry New Jersey Keefe, Bruyette
(Toronto) Award & Woods Inc.; Osler,
Hoskin & Harcourt
LLP; Simpson Thacher
& Bartlett LLP; TD
Securities Inc.
Foreign
Acquisition
Award

(2 separate
awards)
----------------------------------------------------------------------------
Yamana Mining Meridian $ 3,202 Canaccord Capital
Gold Inc. Industry Gold Inc. Inc.; Cassels
(Toronto) Award Brock & Blackwell
LLP; Dorsey &
Whitney LLP; Genuity
Capital Markets;
JPMorgan; Wellington
Value West Capital Inc.
Creation
Award

(2 separate
awards)
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Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services through more than 7,600 people in 56 offices. Deloitte operates in Quebec as Samson Belair/Deloitte & Touche s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel. Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu.

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its Member Firms.

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