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O. Reg. 261/02: TORONTO STOCK EXCHANGE INC.

filed September 5, 2002 under Securities Act, R.S.O. 1990, c. S.5

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ONTARIO regulation 261/02

made under the

securities act

Made: September 3, 2002
Filed: September 5, 2002
Printed in The Ontario Gazette: September 21, 2002

toronto stock exchange inc.

Restriction on shareholdings

1. Ten per cent is prescribed, for the purposes of subsection 21.11 (1) of the Act, as the maximum percentage of any class or series of voting shares of The Toronto Stock Exchange Inc. that any person or company or combination of persons or companies acting jointly or in concert is permitted to beneficially own or exercise control or direction over, without the prior approval of the Commission.

Ontario Securities Commission:

Howard Wetston

Vice Chair

Paul Moore

Vice Chair

Dated on September 3, 2002.

38/02