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Gold/Mining/Energy : CGI Group (GIB.A) -

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To: Chris Kay who wrote (2)	1/2/1997 10:35:00 PM
From: Chris Kay	of 1673

Another good reason to buy/hold DECEMBER 3, 1996 CGI Acquirs CGO, a Consulting Company Specializing in Health Services MONTREAL, QUEBEC--CGI annonces that it has acquired all the outstanding shares of CGO INC. This Company specializes in the interim management of hospitals and other consulting services in the healthcare, education and municipal administration sectors. Headquartered in Montreal, CGO serves 450 clients in Quebec, employs some 40 professionals and generates annual sales of $4 million. Serge Godin stated that the Company will benefit from CGO's in- depth knowledge of the healthcare management business, a field in which CGI is currently performing large-scale systems integration and outsourcing contracts. "Given its scope and the far-reaching changes in the industry, healthcare is a key sector for CGI. With the integration of CGO, we will be in an ideal position to consolidate our presence in Quebec and penetrate other target geographic markets with our expertise."

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