Dundee Capital Markets Inc. (TSX:DCM) ("DCM" or the "Company") and its Board of
Directors (the "Board") are pleased to announce the appointment of A. Murray
Sinclair and Jeremy Soames to its Board.


A. Murray Sinclair is currently a director and Chairman of Sprott Resource
Lending Corp., a company that specializes in bridge and mezzanine lending to
precious and base metal mining, energy, exploration and development companies on
a global basis and is listed on the TSX and NYSE Amex. Mr. Sinclair has
extensive knowledge in areas of asset backed lending, real estate, corporate
restructuring and natural resources. He is also a director and officer of
several other public companies. Mr. Sinclair received his Bachelor of Commerce
degree from Queen's University.


Jeremy Soames has over 30 years' experience in financial markets, with an
emphasis over the last 20 years in international fund and wealth management. For
over 20 years, until 1999, Mr. Soames was with the N M Rothschild Group, working
in the Group's operations in London, New York and Hong Kong. Mr. Soames is
Chairman of Barbican Managing Agency Limited, the Lloyd's and FSA regulated
agency which manages the Lloyd's Insurance Syndicate 1955, and a non-executive
Director of Instinet Europe Limited. He is also a Trustee of the Winston
Churchill Memorial Fund.


Dundee Capital Markets Inc. is a publicly traded (TSX:DCM) full-service Canadian
investment dealer with offices in Toronto, Montreal, Vancouver and Calgary and
whose principal businesses include investment banking, mergers and acquisitions,
institutional sales and trading, investment, research, private client financial
advisory and management of investment products. Dundee Capital Markets Inc.
focuses on specific sectors, namely, Resources, Real Estate, Infrastructure, and
Special Situations. Dundee Capital Markets Inc. is the manager of the CMP(TM)
and Canada Dominion Resources flow-through limited partnerships and CMP Gold
Trust. The common shares of the Company trade on the Toronto Stock Exchange
under the stock symbol "DCM".


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