Guardian Capital Group Limited Announces Results of Director Elections

Guardian Capital Group Limited (TSX:GCG)(TSX:GCG.A) (the "Corporation") today
announced the results of the director elections held at its most recent annual
general meeting of shareholders. Each of the following nominees was elected as a
director of the Corporation to serve until the termination of the next annual
meeting of the shareholders:




Name of Nominee                      Votes FOR (%)       Votes WITHHELD (%)
---------------------------------------------------------------------------
                                                                           
James S. Anas                               100.00                     0.00
A. Michael Christodoulou                     99.99                     0.01
Harold W. Hillier                           100.00                     0.00
George Mavroudis                            100.00                     0.00
Edward T. McDermott                         100.00                     0.00
Barry J. Myers                              100.00                     0.00
Michel Sales                                100.00                     0.00



Guardian Capital Group Limited is a diversified national financial services
company headquartered in Toronto and founded in 1962. Guardian provides
institutional and private wealth investment management services; 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Guardian Capital Group Limited
Vern Christensen
Senior Vice-President, Finance and Secretary
[phone]


Guardian Capital Group Limited
George Mavroudis
President and Chief Executive Officer
[phone]