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UPDATED ON: Thursday, September 23, 1999

SNC-Lavalin Group Inc.:

Lawrence N. Stevenson,
Director

From The Globe and Mail

Lawrence N. Stevenson

Jacques Lamarre, President and Chief Executive Officer of SNC-Lavalin Group Inc., is pleased to announce the appointment of Lawrence N. Stevenson to the Board of Directors.

Mr. Stevenson is Chairman and Chief Executive Officer of Chapters Online, a division of Chapters Inc., of which he is also Chief Executive Officer. He had been President and Chief Executive Officer of SmithBooks, which was merged with Coles in 1995 to create Canada's largest book retailer.

Mr. Stevenson was previously a partner with Bain and Company, an international strategy and venture capital firm, where he headed European Mergers and Acquisitions, and founder of Pathfinder Capital Inc., a management company.

Prior to his business career, he was a Captain in the Canadian Airborne Regiment, and was twice awarded the United Nations Peacekeeping Medal. He was chosen as one of Canada's Top 40 Under 40 in 1995, and in 1997 was selected as Ontario's Retail Entrepreneur of the Year. Mr. Stevenson is also the past Chairman of the Retail Council of Canada.

SNC-Lavalin Group is one of the leading engineering and construction firms in the world and a key player in the ownership and management of infrastructure. The group and its companies have offices across Canada and in 30 other countries. The company, which is currently working in some 100 countries, is listed on the Montreal and Toronto stock exchanges.

 

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