Proceedings

Notice from the
Office of the Secretary

Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario

FOR IMMEDIATE RELEASE

March 23, 2007


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, C. S.5, AS AMENDED

- AND -

IN THE MATTER OF

CERTAIN DIRECTORS, OFFICERS AND INSIDERS OF
HOLLINGER INC.
(BEING THE PERSONS AND COMPANIES LISTED
IN SCHEDULE “A” HERETO)

TORONTO – The Office of the Secretary issued today a Notice of Hearing pursuant to S. 144 of the Securities Act, to consider whether it is in the public interest for the Commission to make an Order:

1. revoking the Commission Order dated June 1, 2004, as subsequently amended on March 8, 2005, August 10, 2005 and April 28, 2006 (collectively the “Hollinger MCTO”) that provides that all trading, whether direct or indirect, by the persons and companies listed in Schedule “A” to the Hollinger MCTO in the securities of Hollinger Inc. (“Hollinger”) shall cease, subject to certain exceptions as provided for in the Hollinger MCTO, until two business days following the receipt by the Commission of all filings Hollinger is required to make pursuant to Ontario securities law; and/or

2. such other order as the Commission may deem appropriate

The Hearing is scheduled to commence on the 30 th day of March 2007 at 2:30 p.m. or as soon as possible after that time.

A copy of the Notice of Hearing and the Application for Revocation of MCTO are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

- 30 -

For media inquiries:

Wendy Dey
Director, Communications
& Public Affairs
416-593-8120

 

Carolyn Shaw-Rimmington
Manager, Public Affairs
416-593-2361

For Investor Inquiries: OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)