To: TFF who wrote (10609 ) 11/6/2002 9:24:11 AM From: Carole Olkowski Respond to of 12617 TSX Group Inc. (Symbol: X) Posted November 6, 2002 The following trader note was issued today by the Exchange: "Further to Exchange Bulletin 2002-1132 dated Thursday, October 31, 2002, the common shares of TSX Group Inc. will commence trading on an "if, as and when issued" basis at the opening today under the symbol X and CUSIP 873028 10 4. A total of approximately 18,978,238 common shares are to be sold to the public at a price of $18.00 per common share pursuant to a prospectus offering that is scheduled to close on Tuesday, November 12, 2002 at or before 9 a.m. Subject to the closing of the prospectus offering on Tuesday, November 12, 2002, all trades in X, in the "if, as and when issued" market on Wednesday, November 6, 2002 will be for special settlement on the closing date and will appear on the settlement report from CDS. All trades in X in the "if, as and when issued" market on Thursday, November 7, will be for special settlement on Wednesday, November 13; all trades in X on Friday, November 8, will be for special settlement on Thursday, November 14; all trades in X on Monday, November 11 will be for special settlement on Thursday, November 14. All trades will appear on the settlement report from CDS. NOTE: Monday, November 11, 2002 is a non-clearing day for settlement purposes. Upon closing the common shares will no longer trade on an "if as and when issued" basis. If the prospectus offering does not close, all of the "if, as and when issued" trades will be cancelled, no securities will be delivered and no money will be owed by purchasers to sellers. Parties who are entitled to receive common shares under the prospectus offering may sell such securities in the "if, as and when issued" market without being subject to restrictions on short sales. Parties who are not entitled to receive common shares under the prospectus offering must comply with the short sale rules in all respects for any sales they make in the "if, as and when issued" market."