Proceedings

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

AND

IN THE MATTER OF
RICHARD THOMAS SLIPETZ

NOTICE OF HEARING
(Section 127)


TAKE NOTICE that the Ontario Securities Commission (the "Commission") willhold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, asamended (the "Act") at the offices of the Alcohol and Gaming Commission of Ontario,20 Dundas Street West, 7th floor, Hearing Room 'D', Toronto, Ontario commencing onthe 21st day of March, 2000, at 10:00 a.m. or as soon thereafter as the hearing can beheld:

TO CONSIDER whether, pursuant to section 127(1) of the Act, it is in the publicinterest for the Commission to make an order:

(i) that the respondent Richard Thomas Slipetz ("Slipetz") be prohibited fromtrading in securities permanently or for such period as the Commission mayorder;

(ii) that Slipetz be reprimanded; and/or

(iii) such other order as the Commission may deem appropriate;

BY REASON OF the allegations set out in the Statement of Allegations of Staffof the Commission and such additional allegations as counsel may advise and theCommission may permit;

AND TAKE FURTHER NOTICE that any party to the proceeding may berepresented by counsel if that party attends or submits evidence at the hearing;

AND TAKE FURTHER NOTICE that upon failure of any party to attend at thetime and place aforesaid, the hearing may proceed in the absence of that party andsuch party is not entitled to any further notice of the proceeding.

March 6th, 2000.

"John Stevenson "