OPTIMUM VIE in Paris, France, an affiliate of OPTIMUM GROUP INC., has acquired 55,600 Class A subordinate voting shares of OPTIMUM GENERAL INC., thereby increasing its interest in OPTIMUM GENERAL INC.

OPTIMUM GROUP INC. has directly or indirectly, through its affiliated companies purchased, in the past twelve months, 157,300 Class A subordinate voting shares of OPTIMUM GENERAL INC., thereby increasing from 53.4% to 56.4% the number of shares in this category held by OPTIMUM GROUP INC., either directly or indirectly through its affiliated companies.

When taking into consideration the Class B multiple voting shares, the percentage of voting shares held by OPTIMUM GROUP INC. and its affiliated companies remains sensibly the same, at 94.0%.

OPTIMUM GROUP INC. says that it does not have any intention at this point in time to increase significantly its interest in OPTIMUM GENERAL INC.

OPTIMUM GROUP INC. is an international financial corporation with operations in the property and casualty insurance, life insurance, life reinsurance, actuarial consulting, financial services and real estate management sectors. The Group is active in Canada, the United States and France.