StFXrelease

August 9, 2006

Credit Union Atlantic Donates $25,000 to StFX’s Coady International Institute

Funds Will Support Creation of Coady International Centre

Antigonish, NS — The Coady International Institute at St. Francis Xavier University welcomed a $25,000 donation from Atlantic, ’s largest credit union. The funds will support the construction of a new home for the Institute.

“The movement has strong roots in our province, dating back to the founding of the . Reverend Dr. was instrumental in the proliferation of the cooperative model, of people coming together to learn and apply business principles to their own advancement, and that of their local community. These are the same principals upon which credit unions operate today, which is why we are both compelled and honored to participate in this project to expand the Coady International Institute. The Coady represents an important part of our history and our future,” said Jamie Baillie, President and CEO of Credit Union Atlantic.

Created by St. Francis Xavier University in 1959, the Coady International Institute is world renowned as an innovative leader in community-based, citizen-driven development education for international community leaders. The Institute’s namesake, Rev. Dr. Moses Coady, was the leader of the Antigonish Movement, a people’s movement that began in Nova Scotia during the 1920s that was driven by a philosophy focusing on adult education and community action.

“Everyone at the Coady International Institute and StFX appreciates this significant contribution from Credit Union Atlantic. The Coady Institute has enjoyed a long relationship with credit unions in Nova Scotia and we are grateful for Credit Union Atlantic’s continuing support,” said Mary Coyle, University Vice President at StFX and Director of the Coady International Institute.

Credit Union Atlantic is a customer owned financial institution providing banking services and financial solutions to individuals and businesses in the Halifax Regional Municipality, and is the largest credit union in the province. CUA offers a full range of financial products and services, including wealth management, internet banking, MasterCard® and online brokerage. The Coady International Institute is in the midst of a fundraising campaign to support the development of the Coady International Centre, a 55,000 square foot facility that will be housed in renovated Aquinas and Augustine Halls and Somers Place in the heart of the StFX campus.

Exemplifying ’s role on the global stage, the Coady International Institute provides education and works directly with partner organizations throughout the developing world who work on issues such as HIV/AIDS in Africa, leadership for women and youth, development and conflict transformation and peace building. The Institute also provides opportunities for recent university graduates through its Youth In Partnership program and plays a lead role in StFX’s Xtending Hope Partnership, which addresses the HIV/AIDS pandemic in Rwanda and Botswana.

About StFX

Located in Antigonish, Nova Scotia, StFX is a national university focused on undergraduate students. The University was founded in 1853 and today more than 4,300 students attend StFX with the majority living on campus. Since 1999, more than $120 million has been invested in renewing the University’s facilities. Maclean’s magazine ranked StFX Canada’s number one primarily undergraduate university for the past four years. To find out more, visit www.stfx.ca.

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For further information:

Krista Hall Communications Officer Coady International Institute (902) 867-3648

Melissa Strickland – Marketing Assistant Credit Union Atlantic (902) 492-6516 ext 6517

Cutline: Mary Coyle, Vice President of StFX University and Director of the Coady International Institute (centre) joined a group of international students to accept a $25,000 donation from John Hawrylak, Board Chair of Credit Union Atlantic and StFX alumni from the class 1961 Aug. 9. Third from left is Jamie Baillie, President and CEO of Credit Union Atlantic. The funds will help in the construction of a new home for the Institute.