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TSX CEO Speech To Federation of European Stock Exchanges Conference In London This Morning

Date 12/06/2003

The Federation of European Stock Exchanges (FESE) is holding its 2003 Convention today and tomorrow in London. This year, the conference is organized jointly with the Futures and Options Association (FOA) and the International Securities Market Association (ISMA) within International Derivatives Week. The Convention program covers European Regulatory Affairs including the Financial Services Action Plan. Special attention is also being paid to Cash Equity Markets, Futures, Options and Commodity Markets, Bond Trading, Clearing and Settlement, and Corporate Governance.

TSX Group Inc. CEO Barbara Stymiest is speaking this morning. Attached is her speech.