Montréal Exchange Inc. Declares A Special Dividend Of $1.50 Per Common Share

The Board of Directors of Montreal Exchange Inc. declared at its meeting held on December 1, 2005 a special dividend of $1.50 per share upon the outstanding common shares of the Company, payable on February 7, 2006 to shareholders of record at the close of business at 5:00 p.m. on February 6, 2006.

About the Montréal Exchange
The Montréal Exchange is Canada’s oldest exchange and continues to be the leader in derivative products. The Montréal Exchange offers individual and institutional investors, both in Canada and abroad, a wide range of risk management products for protecting their investments and ensuring growth. The Montréal Exchange is fully electronic and its services include: trading, training, market information, market operations and regulations as well as information technology solutions. The Montréal Exchange, through its wholly-owned subsidiary, the Canadian Derivatives Clearing Corporation ("CDCC"), provides central counterparty clearing services for Montréal Exchange listed products as well as clearing services for energy products to Clearco Inc., CDCC's 50% held subsidiary. The Montréal Exchange is also a significant shareholder of the Boston Options Exchange (BOX), a US automated equity options exchange whose technical operations are ensured by the Montréal Exchange. For more information, please visit www.m-x.ca.