Bank helps set new $2 million fundraising mark at the 2011 Tour CIBC Charles-Bruneau

MONTREAL, July 11, 2011 /CNW/ - CIBC (CM: TSX) (CM: NYSE), is proud to announce that its clients and employees raised a record $535,000 for the Fondation Centre de cancérologie Charles-Bruneau.

"CIBC is proud of our commitment to this important cause and our role as title sponsor of the 16th Tour CIBC Charles-Bruneau," said Sylvain Vinet, CIBC's Senior Vice-President of Retail Markets for Eastern Canada. "As one of the largest supporters in Quebec, CIBC recognizes the great work that the Fondation Centre de cancérologie Charles-Bruneau does across the province. We are pleased our contribution helped the Tour raise a record $2 million this year.

"CIBC, its clients and its employees firmly believe that the Tour is making a difference in the lives of children with cancer in Quebec. Together, we can give hope to these children and their families that we will find a cure."

"CIBC employees and clients once again showed tremendous generosity in supporting the cause of children with cancer," said Pierre Bruneau, spokesperson for the Fondation Centre de cancérologie Charles-Bruneau. "I can only admire the dedication of the cyclists and our Tour partners, who invest so much energy to make a difference in the lives of more than 2,000 Quebec families. This great success will allow us to continue supporting research as well as give all of these children a better chance of recovery."

In 2010, CIBC contributed $5.8 million to hospitals and other health services across Canada.

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, the CIBC Children's Foundation and United Way, we are investing in the social and economic development of communities across the country. In 2010, CIBC group of companies contributed approximately $34 million to charitable and non-profit initiatives in Canada to support national, regional and local organizations. To learn more, visit www.cibc.com.