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Montréal Exchange 2005 Annual Report Receives The “Gold Award”

Date 19/07/2006

The Montréal Exchange (MX) was awarded the Gold prize at the 2005 Edition of the Visions Awards, a program of the League of American Communications Professionals LLP.

The MX 2005 Annual Report was judged “superb and one of the finest reports presented to the jury,” based on its final score in the category Financials ? Capital Markets and Diversified Services with annual revenues up to US$1 billion. The report earned perfect marks for message clarity, narration, and information accessibility.

MX Communications Department worked in close collaboration with the firm Ardoise Design Communications for the creative design of the report, and with L.H. Diggs Consulting Services for the writing of the editorial section.

MX 2005 Annual Report is available online at www.m-x.ca.

The Visions Awards competition is organized by the League of American Communications Professionals LLP, an American organization that encourages excellence in the practice of communications. A total of 1900 entries were submitted in the 2005 Edition of the Visions Awards.

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. The Montréal Exchange is also a significant shareholder of the Boston Options Exchange (BOX), a U.S. automated equity options exchange whose technical operations are ensured by the Montréal Exchange. On July 12, 2006, the Montréal Exchange and the Chicago Climate Exchange®, announced the joint creation of the Montréal Climate Exchange (MCeX), the first organized market in Canada for environment-related financial products. For more information, please visit www.m-x.ca.