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

May 24, 2005


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

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IN THE MATTER OF NORSHIELD ASSET MANAGEMENT (CANADA) LTD.
  

TORONTOOn May 20, 2005 , the Commission issued a Notice of Hearing and a Temporary Order that pursuant to Section 127(6) of the Act, the Order shall take effect immediately and shall expire on the fifteenth day after its making unless extended by the Commission.

A copy of the Notice of Hearing and the Temporary Order are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


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For Investor Inquiries: OSC Contact Centre
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