Proceedings

Notice from the
Office of the Secretary
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

December 13, 2007


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

- AND -

IN THE MATTER OF
NORSHIELD ASSET MANAGEMENT (CANADA) LTD.,
OLYMPUS UNITED GROUP INC., JOHN XANTHOUDAKIS,
DALE SMITH AND PETER KEFALAS


TORONTO - The Commission issued an Order today which provides that the dates set by the Commission for the hearing of pre-hearing motions are adjourned to January 29 and 30, 2008 at 10:00 a.m. at the offices of the Commission on the 17th floor of 20 Queen St. West in Toronto.

A copy of the Order dated December 13, 2007 is available at www.osc.gov.on.ca



OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


- 30 -


For media inquiries: Wendy Dey
Director, Communications & Public Affairs
416-593-8120

Laurie Gillett
Manager, Public Affairs
416-595-8913

Carolyn Shaw-Rimmington
Assistant Manager, Public Affairs
416-593-2361

For Investor Inquiries: OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)