TSX Request for Comment - Corporate Governance Policy – Proposed New Disclosure Requirement

SRO Notices and Disciplinary Proceedings 13.1.2 TSX Request for Comment - Corporate Governance Policy – Proposed New Disclosure Requirement TORONTO STOCK EXCHANGE REQUEST FOR COMMENT CORPORATE GOVERNANCE POLICY – PROPOSED NEW DISCLOSURE REQUIREMENT On September 28, 2004 the Board of Directors of Toronto Stock Exchange (“TSX”) approved an amendment (the “Amendment”) of the corporate governance disclosure requirement contained in the TSX Company Manual, applicable to TSX listed issuers. The Amendment is in response to proposed National Instrument 58-101 Disclosure of Corporate Governance Practices (the “Proposed Instrument”) and proposed National Policy 58-201 Corporate Governance Guidelines (the “Proposed Policy”) being published for comment by all members of the Canadian Securities Administrators (the “CSA”). The Amendment will be effective when the Proposed Instrument is finalized and becomes effective. Comments should be in writing and delivered by December 13, 2004 to: Robert M. Fabes Senior Vice President Toronto Stock Exchange The Exchange Tower 130 King Street West Toronto, Ontario M5X 1J2 Fax: (416) 947-4547 Email: robert.fabes@tsx.com A copy should also be provided to the: Manager Market Regulation Capital Markets Ontario Securities Commission 20 Queen Street West Toronto, Ontario M5H 3S8 Comments will be publicly available unless confidentiality is requested. OVERVIEW TSX has been advised by the Ontario ...