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Canaccord Financial Inc: Director/PDMR Shareholding


NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL


                     RESPONSIBILITY AND CONNECTED PERSONS                      
                                                                               

TORONTO, April 2, 2013 -Canaccord Financial Inc. (the "Company") announces that on March 31, 2013, the following independent directors were granted Deferred Share Units ("DSUs"). A DSU is a book-keeping entry that tracks the value of one common share of the Company. DSUs are paid out in cash when the director leaves the board of directors of the Company but does not give any rights to receive common shares. The value of the DSUs at the date of grant (based on a ten day volume average weighted price) was $7.12292 Canadian dollars per DSU.

Name of Director Number of DSUs awarded

Charles Bralver 1,755

Massimo Carello 878

William Eeuwes 1,755

Michael Harris 3,861

Terrence Lyons 2,063

For more information:

Julia Gray

Associate General Counsel and Assistant Corporate Secretary

Canaccord Financial Inc.

(416) 687-5315

Toronto, Canada

END

-0- Apr/02/2013 06:00 GMT

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