Proceedings

News Release
Communiqué

Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario

FOR IMMEDIATE RELEASE

June 3, 2004



NOTICE OF THE OFFICE OF THE SECRETARY

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

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IN THE MATTER OF
CERTAIN DIRECTORS, OFFICERS AND INSIDERS OF
ARGUS CORPORATION LIMITED
(BEING THE INDIVIDUALS AND ENTITIES LISTED
IN SCHEDULE "A" HERETO)

TORONTO - An Order has been signed in the matter of Certain Directors, Officers and Insiders of Argus Corporation Limited.

A copy of the Order is available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
ROSE GOMME

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For Media Inquiries:
Wendy Dey
Director, Communications
416-593-8120
For Investor Inquiries: Call the OSC Contact Centre
(416) 593-8314
1-877-785-1555 (Toll Free)