GENIVAR Files Business Acquisition Report With Respect to the Previously Completed WSP Acquisition

MONTREAL, QUEBEC--(Marketwire - Oct. 12, 2012) - GENIVAR Inc. (TSX:GNV) ("GENIVAR" or the "Company") announced that it has filed its Business Acquisition Report ("BAR") with respect to the acquisition of all of the issued and outstanding shares of WSP Group plc ("WSP"). The transaction closed on August 1, 2012.

The BAR includes WSP's previously disclosed audited consolidated annual financial statements for the year ended December 31, 2011. It also contains WSP's unaudited interim consolidated financial statements for the period ended June 30, 2012, as well as GENIVAR's unaudited pro forma consolidated financial statements consisting of a pro forma statement of financial position as at June 30, 2012, a pro forma consolidated statement of earnings for the six-month period ended June 30, 2012 and a pro forma of earnings statement for the year ended December 31, 2011.

The complete report is available under GENIVAR's SEDAR profile at www.sedar.com.

ABOUT GENIVAR

GENIVAR, through its combination with WSP, is one of the world's leading professional services firms, working with governments, businesses, architects and planners and providing integrated solutions across many disciplines. The firm provides services to transform the built environment and restore the natural environment, and its expertise ranges from environmental remediation to urban planning, from engineering iconic buildings to designing sustainable transport networks, and from developing the energy sources of the future to enabling new ways of extracting essential resources. It has approximately 14,500 employees, mainly engineers, technicians, scientists and architects, as well as various environmental experts, based in more than 30 countries on all continents. www.genivar.com