Intact to Issue $250 Million Unsecured Medium Term Notes

Date August 26, 2009


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in or into the United States or over United States wire or news services.
Intact Financial Corporation (TSX: IFC) announced today that it intends to issue $250 million principal amount of unsecured medium term notes (the “Notes"). The Notes will be direct unsecured obligations of IFC and will rank equally with all other unsecured and unsubordinated indebtedness of IFC. The Notes will bear interest at a fixed annual rate of 5.41% until maturity on September 3, 2019. At 5.41%, the Notes are priced at a spread of 195 basis points over the 10 year Government of Canada Bond Curve. The net proceeds of the offering will be used by IFC for general corporate and investment purposes.
The Notes, offered on a best efforts basis through a syndicate led by CIBC World Markets Inc. and TD Securities Inc., are expected to be issued on August 31, 2009. Details of the offering will be set out in a pricing supplement which IFC intends to file in Canada and which will be available on the SEDAR website for IFC at
The Notes have not been and will not be registered in the United States under the Securities Act of 1933, as amended, and may not be offered, sold or delivered in the United States or to U. S. Persons absent registration or applicable exemption from the registration requirement of such Act. This press release does not constitute an offer to sell or a solicitation to buy the medium term notes in the United States.
About Intact Financial Corporation
Intact Financial Corporation is the largest provider of property and casualty insurance in the country with over $4 billion in premiums. Its 7,000 employees offer home, auto and business insurance under the Intact Insurance, Novex Group Insurance, belairdirect and Grey Power brands.
Forward-looking statements
Certain of the statements included in this press release constitute forward-looking statements. The words “may”, “will”, “would”, “should”, “could”, “expects”, “plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”, “likely” or “potential” or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements. Readers should not place undue reliance on the forward-looking statements made herein. IFC has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media inquiries:
Ian Blair
Director, External Communications
416-341-1464 ext. 4521
Investor inquiries:
Michelle Dodokin
Vice President, Investor Relations

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