Equitable Group announces director election results

TORONTO, May 13, 2015 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.C) announced that the ten nominees listed in the Management Information Circular dated April 8, 2015, were elected as directors of the Company at its Annual Meeting of Shareholders held today in Toronto. In total, 9,841,588 common shares were voted by proxy in advance of the meeting, representing 63.67% of the outstanding common shares as of the record date of April 2, 2015.

The detailed results of the votes cast by proxy are set out below:

NOMINEE	VOTES FOR		VOTES WITHHELD
Eric Beutel	9,840,688	99.99%	900	0.01%
Johanne Brossard	9,840,558	99.99%	1,030	0.01%
Michael Emory	9,743,706	99.01%	97,882	0.99%
Eric Kirzner	9,839,912	99.98%	1,676	0.02%
David LeGresley	9,743,706	99.01%	97,882	0.99%
Lynn McDonald	9,743,706	99.01%	97,882	0.99%
Andrew Moor	9,840,988	99.99%	600	0.01%
Rowan Saunders	9,840,655	99.99%	933	0.01%
Vincenza Sera	9,742,729	99.00%	98,859	1.00%
Michael Stramaglia	9,839,548	99.98%	2,040	0.02%

Detailed voting results for the meeting are available on SEDAR at www.sedar.com.

About Equitable Group Inc.

Equitable Group Inc. serves consumers and their advisors through Equitable Bank, a diversified financial institution that operates coast to coast. Equitable Bank provides residential (prime and alternative) single family lending services, commercial lending services and a variety of savings solutions including high-interest savings products and GICs for individual Canadians. Since its founding in 1970, Equitable has grown to become Canada's ninth largest independent Schedule I Bank and a recognized leader through its proven branchless banking approach. For more information, visit the Company's website at www.equitablebank.ca and click on Investor Relations.

SOURCE Equitable Group Inc.

Andrew Moor, President and Chief Executive Officer, 416-515-7000