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The Toronto Stock Exchange Inc. (TSX)

Amendments to the Rules of the TSX: Part 4, Division 6 -- Market Makers

Notice of Commission Approval

On November 22, 2004, the TSX filed with the Commission amendments to the market making provision in the rules of the TSX. The amendments will enable a Market Maker Firm to exchange one or more of its securities of responsibility with another Market Maker Firm or transfer all of its securities of responsibility to another Market Maker Firm for consideration, subject to the approval of the TSX. The amendments have been filed as "non-public interest" amendments pursuant to the Protocol for Commission Oversight of Toronto Stock Exchange Rule Proposals and are deemed to have been approved upon filing. The TSX Notice and the amendments are being published in Chapter 13 of this Bulletin.