TSX Group Inc. Declares Dividend Of $0.40 Per Common Share And Announces Proposed 2 For 1 Stock Split

The Board of Directors of TSX Group Inc. [TSX:X] declared a dividend of $0.40 on each common share outstanding, payable on March 31, 2005 to shareholders of record at the close of business on February 28, 2005. The increase in the dividend from $0.33 to $0.40 reflects the Company’s previously stated intention of providing shareholders with regular and growing dividends that, among other things, take into account the yields of comparable publicly traded exchanges and other Canadian financial institutions.

In addition, the Board of Directors today approved, subject to shareholder and regulatory approval, a subdivision of the Company’s shares on a two for one basis.

Shareholders will be asked to approve the proposed stock split at TSX Group’s Annual and Special Meeting of Shareholders, scheduled to be held on April 26, 2005 in Calgary, Alberta.

Richard Nesbitt, Chief Executive Officer of TSX Group Inc. said today: “This stock split, if effected, should improve liquidity and make TSX Group’s common shares more accessible to individual investors, which we anticipate will be beneficial to all shareholders”.

For the results for the fourth quarter and year ended December 31, 2004 for TSX Group Inc., click on the following link: http://www.tsx.com/en/invRelations/index.html.