Equitable Group Announces Director Election Results

TORONTO, May 14, 2014 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.A) today announced that at its Annual Meeting of Shareholders held earlier today, the ten nominees proposed as directors in the Company's Management Information Circular dated April 9, 2014 were elected as directors on a vote conducted by a show of hands.

The detailed results of the votes received by proxy with respect to each nominee are set out below:

NOMINEE	VOTES FOR		VOTES WITHHELD
Eric Beutel	10,414,984	99.99%	700	0.01%
Michael Emory	10,414,384	99.99%	1,300	0.01%
Eric Kirzner	10,413,678	99.98%	2,006	0.02%
David LeGresley	10,311,059	99.00%	104,625	1.00%
Lynn McDonald	10,308,515	98.97%	107,169	1.03%
Andrew Moor	10,414,884	99.99%	800	0.01%
Katherine Rethy	10,407,964	99.93%	7,720	0.07%
Rowan Saunders	10,413,478	99.98%	2,206	0.02%
Vincenza Sera	10,306,783	98.95%	108,901	1.05%
Michael Stramaglia	10,412,340	99.97%	3,344	0.03%

About Equitable Group Inc.
Equitable Group Inc. is a growing Canadian financial services business that serves the market through its wholly-owned subsidiary, Equitable Bank.  Equitable Bank is a federally regulated Schedule I Bank with total assets of approximately $12 billion, with more than 300 employees and proven capabilities in lending and deposit-taking.  The Company's integrated operations are organized according to specialty.  Within Equitable Bank's Core Lending business, Single Family Lending Services funds mortgages for owner-occupied and investment properties across Canada while Commercial Lending Services provides mortgages on a variety of commercial properties on a national basis.  Equitable's Securitization Financing business originates and securitizes insured residential mortgages under the Canada Mortgage and Housing Corporation administered National Housing Act.  Equitable Bank provides savings products including Guaranteed Investment Certificates and savings accounts.  For more information, visit the Company's website at www.equitablegroupinc.com.

SOURCE: Equitable Group Inc.

Andrew Moor, President and Chief Executive Officer, 416-515-7000; Tim Wilson, Vice President and Chief Financial Officer, 416-515-7000