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

September 18, 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 – Following a hearing on September 17, 2007 the Commission issued an order that the hearing of this matter shall commence on Monday, May 5, 2008 at 10:00 a.m. to Friday, June 13, 2008, or such other date as ordered by the Commission, at the offices of the Commission located on the 17th floor of 20 Queen St. West in Toronto.

The order also provides that the pre-hearing conferences in this matter shall be arranged by the parties through the Office of the Secretary; and that any motions be heard on December 17, 2007 commencing at 10:00 a.m. through to December 19, 2007 at the offices of the Commission located on the 17th floor of 20 Queen St. West in Toronto.

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

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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