Notice of Withdrawal: In the Matter of Philip Services Corp. et al.

Notice of Withdrawal

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S. 5, as amended

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IN THE MATTER OF

PHILIP SERVICES CORP.,
ALLEN FRACASSI, PHILIP FRACASSI,
MARVIN BOUGHTON, GRAHAM HOEY,
COLIN SOULE, ROBERT WAXMAN AND JOHN WOODCROFT

NOTICE OF WITHDRAWAL

 WHEREAS on August 30, 2000, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c.S.5, as amended (the “Act”), which was amended on December 12, 2005, in respect of Philip Services Corp., Allen Fracassi, Philip Fracassi, Marvin Boughton, Graham Hoey, Colin Soule, Robert Waxman and John Woodcroft;

AND WHEREAS on August 30, 2000, Staff filed a Statement of Allegations, which was amended on December 9, 2005;

TAKE NOTICE that Staff of the Commission withdraw the allegations against the respondent Philip Services Corp.

DATED at Toronto this 25 th day of April, 2007.

”John Stevenson”
John Stevenson
Secretary to the Commission

TO: Stikeman Elliott
5300 Commerce Court West
199 Bay Street
Toronto, ON M5L 1B9

David R. Byers
Phone: (416) 869-5697
Fax: (416) 947-0866

Solicitors for Philip Services Corp.