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TSX INC.

AMENDMENTS TO THE RULES OF THE TORONTO STOCK EXCHANGE

REGARDING THE IMPLEMENTATION OF A PRE-TRADE MATCHING FACILITY

ALTERNATIVE TRADE EXECUTION (ATX)

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to the rules of the Toronto Stock Exchange regarding the implementation of the pre-trade matching facility ATX, which will match subscriber order flow against in-house interests as well as against the interests of other subscribers in a blind electronic book. The purpose of the amendments is to implement a set of rules regarding the entry of orders and the pre-trade matching that will be facilitated by ATX. The proposed amendments were published for comment on October 6, 2006 at (2006) 29 OSCB 8023. Some non-material changes have been made to the amendments that were originally published, and a black-lined version highlighting the changes is being published in Chapter 13 of this Bulletin. A summary of the comments received and TSX Inc.'s response are also published in Chapter 13.