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appointment notice

To: Senior Vice President, Ontario Region, Accord Financial Inc.

Fred Moss, President of Accord Financial Inc., is pleased to announce the appointment of John Levac as Senior Vice President, Ontario Region. Mr. Levac will be responsible for leading Accord's growth and expansion initiatives in Ontario. Mr. Levac has 25 years of experience in the commercial financing industry. He started his career at a Schedule A Canadian bank and then went on to hold senior executive positions at Canadian and U.S.-owned asset-based lenders. Mr. Levac holds a Bachelor of Commerce Honors degree from Laurentian University.

Accord Financial Inc. is a wholly-owned subsidiary of Accord Financial Corp. (TSX:ACD), a leading North American financial services company that provides asset-based lending, credit guarantees and leasing to companies throughout Canada and the United States.