Generosity of clients and employees helps reach new benchmark

    TORONTO, Nov. 5 /CNW/ - In addition to the $1.4 million that was raised
by CIBC (CM: TSX; NYSE) employees, their family and friends in support of the
2008 Canadian Breast Cancer Foundation CIBC Run for the Cure, CIBC is proud to
announce that contributions from "pink" products reached $1.6 million. The
total contribution of $3 million goes directly to the Canadian Breast Cancer
Foundation.
    Pink products were available in CIBC branches across Canada from June to
October 2008 and 100 per cent of the net proceeds went directly to the
Canadian Breast Cancer Foundation to support breast cancer research, education
and awareness. This year's line of fundraising products included necklaces,
bank card protectors, dog leashes, car magnets, pink ribbon socks, playing
cards and pink M&M's chocolate candies.
    "Every dollar raised brings us one step closer to creating a future
without breast cancer - a goal that is important to all of us," said Sonia
Baxendale, Senior Executive Vice-President, CIBC Retail Markets. "We want to
thank our clients for sharing in this goal and joining with our 13,500
volunteers and members of Team CIBC to make this year's Run such a tremendous
success."
    "We are truly grateful to CIBC's employees and its clients who donated
generously to the Canadian Breast Cancer Foundation through this year's pink
campaign," said Alison J. Youngman, Chair, Foundation national board. "The
funds will support breast cancer research initiatives and relevant education
programs across the country. We thank CIBC for its leadership and its
continuous support; together we are making a difference."

    About the Canadian Breast Cancer Foundation CIBC Run for the Cure

    The Run is the country's premier fundraising event dedicated to creating
a future without breast cancer. The 2008 Run took place on Sunday, October
5th. It was an extraordinary experience that connected 170,000 Canadians in 55
communities all across the country. Together, $28.5 million was raised to fund
innovative and relevant breast cancer research, education, and awareness
programs.

    About CIBC

    CIBC is committed to supporting causes that matter to our clients, our
employees and our communities. We aim to make a difference in communities
through corporate donations, sponsorships and the volunteer spirit of
employees. With a strategic focus on youth, education and health, and employee
commitment to causes including the Canadian Breast Cancer Foundation CIBC Run
for the Cure, United Way and the CIBC World Markets Children's Foundation, we
are investing in the social and economic development of communities across the
country. In 2007, CIBC group of companies contributed more than $36 million
worldwide to charitable organizations and community initiatives. Of this,
$27 million was invested in Canada to support national regional and local
organizations. To learn more, visit www.cibc.com/pas

    About the Canadian Breast Cancer Foundation

    The Canadian Breast Cancer Foundation is the leading national
volunteer-based organization dedicated to creating a future without breast
cancer. The Foundation works collaboratively to fund, support, and advocate
for: relevant and innovative breast cancer research; meaningful education and
awareness programs; early diagnosis and effective treatment; and a positive
quality of life for those living with breast cancer. For more information
visit www.cbcf.org.