Securities Law & Instruments

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NOTICE OF COMMISSION APPROVAL OF

AMENDMENTS TO NATIONAL INSTRUMENT 44-101 --

SHORT FORM PROSPECTUS DISTRIBUTIONS

On October 12, 2004, the Commission made the amendments to National Instrument 44-101 - Short Form Prospectus Distributions as a rule under the Securities Act (Ontario) (the "Act"). On October 20, 2004 the rule was delivered to the Minster of Finance. If the Minster does not approve or reject the instrument or return it to the Commission for further consideration, the instrument will come into force on January 4, 2005. Amendments to the Companion Policy 44-101CP will come into force on the same date.

The amendments to the Rule and Companion Policy are published in Chapter 5 of this Bulletin. A blackline of the amendments previously published on January 30, 2004, against the amendments made by the Commission on October 12, 2004, is available on the Commission's website at www.osc.gov.on.ca.