IA Clarington to Launch Global Dividend Fund

Toronto, Ontario, September 18, 2006 - IA Clarington Investments Inc. ("IA Clarington") today announced that it is filing a preliminary prospectus for the Clarington Global Dividend Fund ("the Fund"). The Fund will be advised by ABN AMRO Asset Management Canada Limited, with ABN AMRO Asset Management (Netherlands) B.V. acting as sub-advisor. The Fund's investment objective will be to provide a combination of income and long-term capital growth through investment in a portfolio consisting primarily of equity securities of businesses located around the world.

"IA Clarington's multi-manager strategy combines our internal investment management expertise with leading external money managers," said Eric Frape, Vice President, Product Management at IA Clarington. "We are pleased to strengthen our relationship with the ABN AMRO organization, which already manages our innovative Target Click balanced funds."

A preliminary simplified prospectus relating to the Fund has been filed with certain Canadian securities commissions or similar authorities. Investors cannot buy units of the Fund unless and until the relevant securities commissions or similar authorities issue receipts for the final simplified prospectus of the Fund. Units of the Fund will be available on a front end, low load, or deferred sales charge basis. For further information, please read the preliminary simplified prospectus available at www.SEDAR.com.

About ABN AMRO

ABN AMRO Bank is a leading international bank with a history dating back to 1824. Based in The Netherlands, ABN AMRO Bank has more than 3,700 branches in 52 countries and total assets of CDN $1.4 trillion, ranking it among the world's 20 largest banks. ABN AMRO Bank holds a AA- rating from Standard & Poor's.

The Canadian subsidiary of its asset management business, which manages money for 2,000 institutions including central banks, pension funds and insurance companies, was recently rated by Benefits Canada as one of the five fastest-growing pension fund managers in Canada. The company's Canadian website is www.asset.abnamro.ca.

About IA Clarington Investments

IA Clarington Investments Inc., a subsidiary of Industrial Alliance Insurance and Financial Services Inc., offers a wide variety of mutual funds managed by leading Canadian and international portfolio managers. IA Clarington managed approximately $6 billion in mutual fund and closed-end fund assets as at August 31, 2006.