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Market In Profile - "You say Goodbye, and I say Hello"
March 7, 2001

Toronto - As part of the annual TSE 300 revision, Standard & Poor's (the TSE 300 composite administrator), will be adding 15 companies to the TSE 300 composite, while removing 10 companies from the composite to balance out the additions. The "missing 5" from the drop list is due to previous changes to the listing which with the 10 dropped companies will balance out the 15 new additions.

What does this mean for investors? Simply put -- a lot. When changes are made to an index, securities products (such as index mutual funds) which track the index must buy into the new additions and sell their holdings of the dropped companies in order to match the index. So, between now and until the official change day the prices of these companies will be affected as investors and mutual fund managers readjust their portfolios to reflect the new changes. Word to the wise: Expect some fluctuations in the prices of the shares in these companies.

TSE 300 Composite Index Changes (@ the close on March 16, 2001)
Added to the TSE 300 Dropped from the TSE 300
  1. CHC Helicopter Corp. (FLYa:TSE)
  2. Guardian Capital Group Ltd. (GCGa:TSE)
  3. Hub International Ltd. (HBG:TSE)
  4. Itemus Inc. (ITM:TSE)
  5. Leon's Furniture Ltd. (LNF:TSE)
  6. LionOre Mining International Ltd. (LIM:TSE)
  7. Lions Gate Entertainment Corp. (LGF:TSE)
  8. Magin Energy Inc. (MGY:TSE)
  9. NQL Drilling Tools Inc. (NQLa:TSE)
  10. Post Energy Corp. (PSN:TSE)
  11. Richelieu Hardware Ltd. (RCH:TSE)
  12. Storm Energy Inc. (SME:TSE)
  13. Turbo Genset Inc. (TGN:TSE)
  14. Velvet Exploration Ltd. (VLV:TSE)
  15. Winpak Ltd. (WKP:TSE)
  1. Bema Gold Corp. (BGO:TSE)
  2. Bid.Com International Inc. (BII:TSE)
  3. Call-Net Enterprises Inc. (CN:TSE)
  4. Counsel Corp. (CXS:TSE)
  5. Gulfstream Resources Canada Ltd. (GUR:TSE)
  6. Nurun Inc. (IFN:TSE)
  7. Norsat International Inc. (NII:TSE)
  8. Namibian Minerals Corp. (NMR:TSE)
  9. Sask. Wheat Pool (SWPb:TSE)
  10. TVX Gold Inc. (TVX:TSE).

The Investors Centre Market In Profile, March 7, 2001
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