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C A E Inc (CAE)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Caisse De Depot Et Placement Du Quebec	30,917,402	$760,019,221	1.59%
2.	Jarislowsky, Fraser Ltd	23,187,828	$570,008,931	3.57%
3.	Mackenzie Financial Corp	16,042,746	$394,407,862	0.56%
4.	Brandes Investment Partners, Lp	14,174,258	$348,545,005	3.54%
5.	Browning West Lp	13,734,943	$337,742,248	28.27%