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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (869)	12/1/1998 7:20:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 3558

TSE AND STANDARD & POOR'S ANNOUNCE COMPANIES FOR NEW INDEX TORONTO December 1, 1998 - The Toronto Stock Exchange and Standard & Poor's announced today the names of the stocks that will comprise the S&P/TSE 60. The new index is expected to be the recognized large capitalization equity index in Canada. The 60 stocks are: A - Abitibi-Consolidated Inc. AGU - Agrium Inc. AEC - Alberta Energy Company AL - Alcan Aluminum Limited AXL - Anderson Exploration Limited ATY - ATI Technologies Inc. BMO - Bank Of Montreal BNS - Bank Of Nova Scotia ABX - Barrick Gold Corporation BCE - BCE Inc. BCH - BioChem Pharma BBD.B - Bombardier Inc. CM - Canadian Imperial Bank Of Commerce CNR - Canadian National Railway Company CNQ - Canadian Natural Resources Limited CP - Canadian Pacific Limited CXY - Canadian Occidental Petroleum Limited CTR.A - Canadian Tire Corporation Limited DFS - Dofasco Inc. EBC.A - EdperBrascan Corporation ENB - Enbridge Inc. EN - Euro-Nevada Mining Corporation FL - Falconbridge Limited GAC - GEAC Computer Corporation GOU - Gulf Canada Resources Limited HBC - Hudson's Bay Company IMS - Imasco Limited IMO - Imperial Oil Limited N - Inco Limited LDM - Laidlaw Inc. L - Loblaw Companies Limited MB - Macmillan Bloedel Limited MG.A - Magna International Inc. MLT - Mitel Corporation MCL - Moore Corporation Limited NA - National Bank Of Canada NNC - Newbridge Networks Corporation NCT - Newcourt Credit Group NOR - Noranda Inc. NTL - Northern Telecom Limited NCX - Nova Corporation PCA - Petro-Canada PDG - Placer Dome Inc. POC - Poco Petroleums Limited POT - Potash Corp Of Saskatchewan Inc. RES - Renaissance Energy Limited RY - Royal Bank Of Canada VO - Seagram Company Limited (The) SCL.B - Shaw Cablesystems Limited SU - Suncor Energy Inc. TLM - Talisman Energy TEK.B - Teck Corporation TGO - Teleglobe Inc. T - Telus Corporation TOC - Thomson Corporation (The) TD - Toronto-Dominion Bank TA - Transalta Utilities Corporation TRP - Transcanada Pipelines Limited UDI - United Dominion Industries Limited W - Westcoast Energy Inc. "The S&P/TSE 60 will commence calculation on December 31, 1998", said Richard Carleton, Vice President, Index and Market Data Services. "It will run concurrently with the existing index complex during a transition period which will be discussed with users of the TSE 35, 100 and 200 indices." All of the stocks included in the S&P/TSE 60 must also be included in the TSE 300. Companies themselves play no role in the selection process and are not consulted regarding their inclusion in the index. "The criteria used to determine which stocks are included in the index are primarily size, liquidity, and sector leadership", said Robert Shakotko, Senior Vice President, Index Services, Standard and Poor's. "The S&P/TSE index selection committee also undertakes a rigorous analysis of both the financial and operating condition of eligible companies to ensure their fundamentals are solid." Additional information on the methodology for the S&P/TSE 60 is provided here. The new index has 11 sectors which cover all TSE 300 sub-groups. The sectors are: basic materials; capital goods; communications services; consumer cyclical; consumer staples; energy; financials; health care; technology; transportation; and, utilities. S&P and the TSE have constructed a trading history of the new index which will be available shortly. The S&P/TSE 60 Index Methodology and Practices are attached with this release and will also be made available on tse.com. The fully automated Toronto Stock Exchange consistently ranks as one of the world's top 10 exchanges and is Canada's premier market for equities and equities-based derivatives, accounting for more than 80% of all equity trading in Canada. In 1997, more than 25.7 billion shares traded, worth more than $423 billion - about $2 billion a day in share transactions. With a proud 146-year history at the heart of the Canadian economy, the TSE continues to provide Canadian and international investors with a well-regulated, fair and accessible marketplace. Standard & Poor's Financial Information Services, a division of The McGraw-Hill Companies, Inc., provides financial, economic and investment information and analytical services to the global financial community. S&P calculates and maintains the S&P 500, which measures the U.S. market and serves as the basis for the world's most actively traded index futures and options. The McGraw-Hill Companies is a global publishing, financial, information and media services company with 16,000 employees located in more than 400 offices in 30 countries. Founded in 1888, the Corporation is a leading information services provider meeting worldwide needs in education, business, finance, the professions and government. Sales in 1997 were US$3.5 billion. Please contact: TSE - Steve Kee, Media Services Manager Tel. 416.947.4682 & S&P - William Jordan, Director of Communications, Index Services Tel. 212.208.5222