Dividends

Dividend amounts and dates are subject to approval by the Board of Directors.

Designation of Eligible Dividends

All dividends paid by Power Financial Corporation in 2006 are eligible dividends for purposes of determining the tax credit, with the exception that the dividends paid on any class of shares prior to March 24, 2006 are not eligible dividends for Quebec tax purposes.

All dividends paid by Power Financial Corporation in 2007 and subsequent years will be designated as eligible dividends, unless indicated otherwise.

Please consult with your own tax advisor for advice with respect to the income tax consequences to you of Power Financial Corporation designating dividends as “eligible dividends”.

Stock Splits

Dividends on the Common Shares are the quarterly dividend payments to shareholders as of the record date and were not adjusted retroactively to reflect stock splits.

PWF

Common Shares

Declaration Date

The date on which the next dividend payment is announced by the board of directors of the Corporation.

Record Date

The date established by the Corporation for the purpose of determining the holders who are entitled to receive a dividend.

Payment Date

Amount

2012

November 14

December 31

February 1, 2013

August 3

September 28

November 1

May 14

June 29

August 1

March 14

March 30

May 1

2011

November 11

December 30

February 1, 2012

35¢

August 5

September 30

November 1

35¢

May 12

June 30

August 1

35¢

March 10

April 1

May 2

35¢

2010

November 12

December 31

February 1, 2011

35¢

August 6

September 30

November 1

35¢

May 12

June 30

July 30

35¢

March 11

March 31

April 30

35¢

2009

November 12

December 31

February 1, 2010

35¢

August 7

September 30

October 30

35¢

May 12

June 30

July 31

35¢

March 11

April 10

May 1

35¢

2008

November 11

December 31

January 30, 2009

35¢

July 31

September 30

October 31

33.5000¢

May 8

June 30

August 1

33.5000¢

March 13

April 2

May 1

31.2500¢

2007

November 8

December 28

February 1, 2008

31.2500¢

August 2

September 28

November 1

29¢

May 9

June 29

August 1

29¢

March 21

April 9

May 1

26.7500¢

2006

November 10

December 29

February 1, 2007

26.7500¢

August 3

September 29

November 1

25¢

May 10

June 30

August 1

25¢

March 29

April 9

May 1

23.2500¢

2005

November 11

December 30

February 1, 2006

23.2500¢

August 5

September 30

November 1

21.7500¢

May 9

June 30

August 1

21.7500¢

March 22

April 8

April 29

20.2500¢

2004

November 11

December 31

February 1, 2005

20.2500¢

July 30

September 30

November 1

18.2500¢

May 11

June 30

July 30

36.5000¢

April 2

April 14

April 30

32.5000¢

2003

November 26

December 31

January 30, 2004

32.5000¢

August 1

September 30

October 31

30¢

May 14

June 30

August 1

30¢

April 3

April 16

May 1

28¢

2002

November 14

December 30

January 31, 2003

28¢

August 1

September 30

November 1

26¢

May 22

June 28

August 1

26¢

April 8

April 17

May 1

24¢

2001

November 2

December 31

February 1, 2002

24¢

July 26

September 28

November 1

22¢

May 16

June 29

August 1

22¢

March 30

April 10

May 1

20¢

2000

October 27

December 29

February 1, 2001

20¢

July 27

September 29

November 1

18¢

May 18

June 30

August 1

18¢

March 31

April 10

May 1

16.5000¢

1999

November 4

December 31

February 1, 2000

16.5000¢

July 23

September 30

October 29

15¢

May 19

June 30

July 30

15¢

April 9

April 20

April 30

13.7500¢

1998

November 10

December 31

February 1, 1999

13.7500¢

July 29

September 30

October 30

12.5000¢

May 14

June 30

July 31

25¢

April 6

April 17

May 1

22.5000¢