Guardian Capital Group Limited (Guardian) (TSX:GCG)(TSX:GCG.A) today announced
the following appointments, each of which is effective immediately. These
appointments are part of the company's long-term succession plan, designed to
ensure an orderly transition of key executive roles reporting to the President
and Chief Executive Officer.


Donald Yi, who has been Risk Management Officer of Guardian since he joined the
company in October, 2006, has been appointed Chief Financial Officer of
Guardian. In addition to being responsible for Guardian's Finance Department, he
will continue with his responsibilities in overseeing Information Technology for
the company and its subsidiaries.


Vern Christensen, who joined Guardian in 1977 and has been the Chief Financial
Officer since 2001, will continue to serve in a senior officer role, with the
title of Senior Vice-President and Secretary of Guardian. In this position, he
will ensure a smooth transition of financial responsibilities, and provide
counsel and direction on important corporate operating and administrative
responsibilities.


George Mavroudis, President and Chief Executive Officer, said, "I am pleased
that Guardian continues to recruit, develop and retain excellent professional
talent throughout our organization. We consider it important to provide
stability across the firm for our various stakeholders, and a significant part
of our success in doing so relies on the retention and promotion of our human
talent. Over the years, Vern has done an exemplary job in leading Guardian's
Finance department, including the mentoring of the next generation of leaders,
which is exemplified by Donald's appointment."


About Guardian Capital Group Limited

Guardian is a diversified financial services company founded in 1962, which
provides institutional and private wealth investment management services to
clients; financial services to international investors; and services to
financial advisors in its national mutual fund dealer, securities dealer, and
insurance distribution network. Its Common and Class A shares are listed on the
Toronto Stock Exchange.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Guardian Capital Group Limited
George Mavroudis
(416) 364-8341


Guardian Capital Group Limited
Vern Christensen
(416) 947-4093

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