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Altus Group Welcomes Janet Woodruff to Board of Directors

May 7, 2015 4:00 PM EDT

TORONTO, ONTARIO -- (Marketwired) -- 05/07/15 -- Altus Group Limited ("Altus Group" or "the Company") (TSX: AIF), a leading provider of commercial real estate services, software and data solutions, is pleased to announce the appointment of Janet P. Woodruff to its Board of Directors.

Ms. Woodruff is an experienced corporate director and senior executive with over 30 years of business experience in the energy, transportation and health sectors, including her most recent role as acting Chief Executive Officer of Transportation Investment Corporation, a B.C. Crown Corporation. Previously, Ms. Woodruff held senior executive roles at B.C. Hydro, B.C. Transmission Corporation, Vancouver Coastal Health and Westcoast Energy Group. Ms. Woodruff currently serves on the boards and audit committees of Capstone Infrastructure Corporation and FortisBC Inc. Past boards include Nordion Inc., the Mutual Fund Dealers Association of Canada and Pacific Northern Gas.

Ms. Woodruff is a member of the Institute of Corporate Directors, holding the ICD.D designation, and is a Fellow Chartered Accountant of British Columbia. She earned her Honours Bachelor of Science from the University of Western Ontario and her Master of Business Administration degree from York University.

"On behalf of the Board of Directors and the Company, we are delighted to welcome Janet to the Board and look forward to her contributions," said Raymond Mikulich, Chairman of the Board of Directors, Altus Group. "Her wealth of experience working with diverse, global corporations will be a significant asset to the Board."

The appointment of Ms. Woodruff to the Board brings the number of directors to eight, seven of whom are independent.

About Altus Group Limited

Altus Group Limited is a leading provider of independent advisory services, software, and data solutions to the global commercial real estate industry. All of our five core practices - Research, Valuation and Advisory, ARGUS Software, Property Tax Consulting, Cost Consulting and Project Management, and Geomatics - embody and reflect decades of experience, a broad range of expertise, and leading edge technology. Our offerings empower clients to analyze, gain insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,300 employees around the world, with operations in North America, Europe and Asia Pacific. Our clients include some of the world's largest real estate industry participants, spread across a broad variety of sectors.

We are focused on creating sustainable shareholder value that generates long-term returns by targeting organic and accretive growth while providing quarterly dividend payments of $0.15 per share. Our securities are traded on the TSX under the symbols AIF and AIF.DB.A.

For more information on Altus Group, please visit: www.altusgroup.com.

Contacts:
Altus Group Limited
Camilla Bartosiewicz
Vice President, Investor Relations
(416) 641-9773
[email protected]
www.altusgroup.com

Source: Altus Group Limited



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