Guardian Capital Group Limited (TSX: GCG)(TSX: GCG.A) - 

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For the periods ended June 30           Three Months         Six Months
($ in thousands, except per share
 amounts)                                 2010      2009      2010      2009
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Gross revenues, net of commissions
 paid to advisors                    $  15,698 $  14,501 $  32,721 $  27,886

Net earnings                             2,275     2,336     6,239     3,896

Cash flow from operations before
 change in non-cash working capital      3,934     3,154     7,755     5,898

Per Share
Basic net earnings                   $    0.07 $    0.07 $    0.19 $    0.11
Diluted net earnings                      0.07      0.07      0.19      0.11

Basic cash flow from operations
 before change in non-cash working
 capital                             $    0.12 $    0.09 $    0.23 $    0.17
Diluted cash flow from operations
 before change in non-cash working
 capital                                  0.12      0.09      0.23      0.17

--  Net earnings for the second quarter were $2.3 million, or $0.07 per
    share, diluted, compared to $2.3 million, or $0.07 per share, diluted,
    for the second quarter of 2009.

--  Assets under management were $14.6 billion as at June 30, 2010, compared
    to $13.3 billion as at June 30, 2009.

--  Assets under administration were $6.9 billion as at June 30, 2010,
    compared to $6.5 billion as at June 30, 2009.

--  Cash flow from operations for the second quarter was $3.9 million,
    compared to $3.2 million for the same period in 2009.

--  The fair value of the Company's holdings of securities as at June 30,
    2010 was $366.4 million or $10.93 per share, diluted.

Guardian Capital Group Limited is a diversified financial services company founded in 1962. Guardian provides investment management services to institutional and high net worth clients; provides financial services to international investors; and provides 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.

Contacts: Guardian Capital Group Limited George Mavroudis (416) 364-8341 Guardian Capital Group Limited Vern Christensen (416) 947-4093

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