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Standard & Poor's Announces The S&P/TSX Canadian Bond Index Rebalancing Report For April 2007

Date 24/04/2007

Standard & Poor's has completed the monthly rebalancing of the S&P/TSX Canadian Bond Index. According to index methodology, the universe of Canadian bonds is exhaustively reviewed to reflect changes in par amount and term to existing index constituents.

Qualifying new issues are added to the index and existing constituents that no longer meet the criteria for inclusion are removed.

A complete list of bond issues entering and leaving the S&P/TSX Canadian Bond Index after the close of April 30, 2007, as a result of the review can be viewed on clicking here.

Additions to and deletions from the S&P/TSX Canadian Bond Index do not in any way reflect an opinion on the investment merits of the issuers concerned.

For detailed information about the S&P/TSX Canadian Bond Index, please go to http://www.canadabondindices.standardandpoors.com

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