Standard & Poor's – Index Adjustment

Standard & Poor's Canadian Index Operations announces that effective after the close of business on Thursday, December 14, 2000 the relative weights of the companies in the TSE and S&P/TSE Canadian Indices will be adjusted. The relative weight change reflects the quarterly update to the float shares of various companies. Changes to the indices are in accordance with TSE 300 Composite Index Maintenance Policies.

The TSE 300 Composite Index relative weight for the following companies will change by greater than 0.05% as a result of this adjustment:

TSE 300

Nortel Networks Corp. +0.16%

Alberta Energy Co. +0.05%

Alcan Aluminium Ltd. -0.07%

Trizec Hahn Corp. -0.09%

TSE 100

Nortel Networks Corp. +0.18%

Alberta Energy Co. +0.06%

Alcan Aluminium Ltd. -0.08%

Trizec Hahn Corp. -0.10%

S&P/TSE Canadian Index

Nortel Networks Corp. +0.22% (S&P/TSE 60)

Alberta Energy Co. +0.07% (S&P/TSE 60)

Alcan Aluminium Ltd. -0.09% (S&P/TSE 60)

Trizec Hahn Corp-0.58% (S&P/TSE MidCap)

Please also note that Sun Life Financial Services of Canada Inc. (TSE:SLC) will be added to the S&P/TSE Canadian Financials Sector Index, effective after the close of business on Thursday, December 14, 2000. Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

Standard & Poor’s, a division of The McGraw-Hill Companies (NYSE: MHP), provides independent financial information, analytical services, and credit ratings to the world’s financial markets. Among the company’s many products are the S&P Global 1200, the world’s first global, equity, real time index; the S&P 500, the premier U.S. portfolio index; and credit ratings on more than 220,000 securities and funds worldwide. With more than 5,000 employees located in 21 countries, Standard & Poor’s is an integral part of the global financial infrastructure.