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<title>APPOINTMENT TO EXPORT DEVELOPMENT CANADA BOARD</title>
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<p><font face="Arial" size="+1"></font><font face="Arial" size="+1"><strong>July 25, 2003 <em>(3:55 p.m. EDT)</em> No. 106</strong></font></p>
<p align="CENTER"><font face="Arial" size="+1"><strong>APPOINTMENT TO EXPORT DEVELOPMENT CANADA BOARD</strong></font></p>
<p><font face="Arial">International Trade Minister Pierre Pettigrew today announced the appointment of Raymond C. Setlakwe as a
Director of Export Development Canada (EDC). </font></p>
<p><font face="Arial">Mr. Setlakwe is currently President and CEO of A. Setlakwe Ltd., a retail chain with 17 stores and boutiques
throughout Quebec. He is also President and CEO of Saint-Hilaire Inc. Mr. Setlakwe served as Director of
Sintra from 1964 to 2002 and of Hydro Quebec from 1993 to 1995. Until recently he was also a Director of the
Retail Council of Quebec. </font></p>
<p><font face="Arial">Mr. Setlakwe earned a BA from Bishop's University and an LLL from Laval University. He also studied law at
McGill University. He is a member of the Thetford Mines Hospital Foundation and the Bishop's University
Foundation. Mr. Setlakwe is currently a director of the Montreal Heart Institute Research Fund. From 1976 to
1978, he was a member of the Sherbrooke University Corporation and from 1975 to 1985, he was a member of
the Bishop's University Corporation. Mr. Setlakwe served as a Senator for the past three years and retired on
July 3, 2003.</font></p>
<p><font face="Arial">EDC is a Crown corporation that operates as a commercial financial institution. For more than five decades, it
has provided a full range of trade finance products and services to help Canadian exporters and investors
capitalize on opportunities around the world. In 2002, EDC supported over $51 billion in exports and
international investments, and served more than 7,200 customers, 91 percent of which were small and
medium-sized businesses.</font></p>
<p align="CENTER"><font face="Arial">- 30 -</font></p>
<p><font face="Arial">For further information, media representatives may contact:</font></p>
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<p><font face="Arial">Sébastien Théberge</font></p>
<p><font face="Arial">Director of Communications</font></p>
<p><font face="Arial">Office of the Minister for International
Trade</font></p>
<p><font face="Arial">(613) 992-7332</font></p>
<p><a href="https://bac-lac.wayback.archive-it.org/web/20070221230039/mailto:sebastien.theberge@dfait-maeci.gc.ca"><font face="Arial">sebastien.theberge@dfait-maeci.gc.ca</a></font></p>
<p><font face="Arial">Media Relations Office</font></p>
<p><font face="Arial">Department of Foreign Affairs and
International Trade</font></p>
<p><font face="Arial">(613) 995-1874</font></p>
<p><a href="https://bac-lac.wayback.archive-it.org/web/20070221230039/http://www.dfait-maeci.gc.ca/"><font face="Arial">http://www.dfait-maeci.gc.ca</a></font></p>
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