Two IA Clarington Small Cap Funds Take Top Honours at 2007 Canadian Investment Awards

November 30, 2007 - Toronto - IA Clarington Investments Inc. (IA Clarington) today announced that two of its funds won top honours at the 2007 Canadian Investment Awards, presented at a gala event in Toronto last night. 

The IA Clarington Canadian Small Cap Fund, managed by QV Investors Inc., was the co-winner in the Canadian Small / Mid Cap Equity category, the other being the Ethical Special Equity Fund, also managed by QV Investors. This represents the third consecutive year the IA Clarington Canadian Small Cap Fund has won this award. 

In addition, the IA Clarington Global Small Cap Fund, managed by Evergreen Investment Management Company, LLC, was named the top fund in the Global Small / Mid Cap Equity Fund category. 

"We're honoured that two of our funds have been recognized for excellence by the Canadian investment community," said Eric Frape, Senior Vice President, Product and Business Development, IA Clarington. "Both of these funds have built impressive 10-year track records, and having them recognized as category leaders is extremely satisfying. It reflects our commitment to provide financial advisors and their clients with top products from leading money managers." 

About IA Clarington

IA Clarington Investments Inc., a subsidiary of Industrial Alliance Insurance and Financial Services Inc., markets a wide range of investment products, including mutual funds, segregated funds, principal protected notes and closed end funds managed by leading portfolio managers. IA Clarington and its subsidiaries managed approximately $8 billion in assets as at October 31, 2007. 

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 
For more information, contact: 

Eric Frape, Senior Vice President, Product and Business Development 
IA Clarington Investments Inc. 
(416) 585-8815 
Eric.Frape@iaclarington.com 
www.iaclarington.com

2007 CIA Global Small Cap2007 CIA Canadian Small Cap