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Gold/Mining/Energy : Home Capital Group (HCG.B-TSE)

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To: DaveAu who wrote (25)10/22/1999 10:11:00 AM
From: DaveAu   of 65
 
Former Ontario Premier Bill Davis appointed to the board:

newswire.ca

TORONTO, Oct. 21 /CNW/ - William A. Dimma, Chairman of Home Capital Group
Inc., is pleased to announce the appointment of the Hon. William G. Davis,
P.C., C.C., Q.C. to the Company's Board of Directors. Mr. Davis is Counsel to
the law firm of Tory Haythe and currently serves on a number of Boards.
''We are most pleased that Mr. Davis is joining the Board of Directors of
Home Capital Group. His presence complements a strong board and his wisdom,
experience and counsel will be invaluable as Home Capital Group continues on
its successful path of profitable, long-term growth,'' said Mr. Dimma.
''I look forward to serving on the Board of Home Capital, which provides
an important residential mortgage niche to an increasing number of
Canadians,'' said Mr. Davis.
Home Capital Group Inc. is on target in 1999 to achieve a record year in
net profits, growth, earnings per share and return on equity.

Home Capital Group Inc. is a holding company, publicly traded on the
Toronto Stock Exchange (HCG.B), operating thorough its principal subsidiary,
Home Savings & Loan Corporation. Home Savings & Loan was incorporated in 1977
and is a regulated financial institution that offers deposit and mortgage
lending services. The Company services Ontario and Western Canada. Home
Savings & Loan Corporation is an innovative niche player that focuses on
providing residential first mortgages to the self-employed, owners of small
businesses and other customers.
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