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CIBC Asset Management Inc. announces new Independent Review Committee under NI 81-107

    TORONTO, May 10 /CNW/ - CIBC Asset Management today announced
implementation of National Instrument 81-107 (NI 81-107), Independent Review
Committee for Investment Funds.CIBC Asset Management's Independent Review Committee consists of:
    -   John Crow, IRC Chair, former Governor of the Bank of Canada
    -   Donald Hunter, former partner of PricewaterhouseCoopers
    -   Tim Kennish, former co-chair of Osler, Hoskin & Harcourt LLP
    -   Merle Kriss, president of Kriss & Associates Limited
    -   William Thornhill, president of Thornhill ConsultingCIBC Asset Management is responsible for the CIBC, Renaissance, and
Talvest families of mutual funds, Frontier Pools, and the CIBC family of
managed portfolio solutions - Axiom, Sequence, Managed Portfolio Services
(MPS) and Personal Portfolios Services (PPS). CIBC Asset Management manages
more than $50 billion in assets.

    CIBC is a leading North American financial institution with more than
11 million personal banking and business customers. CIBC offers a full range
of products and services through its comprehensive electronic banking network,
branches and offices across Canada, in the United States and around the world.
You can find other news releases and information about CIBC in our Press
Centre on our corporate website at

For further information:
For further information: Media contact: Rod Cumming, Senior Director,
CIBC Communications and Public Affairs, at (416) 304-5567