Securities Law & Instruments

Headnote

Issuer deemed to have ceased to be reporting issuer under the Act.

Statutes Cited

Securities Act, R.S.O. 1990, c. S.5, as am., ss. 1(1), 6(3) and 83.


IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, C.S. 5, AS AMENDED (The "Act")

AND

IN THE MATTER OF
SHEFFIELD PHARMACEUTICALS INC.

ORDER
(Section 83)


WHEREAS Sheffield Pharmaceuticals Inc., a corporation organized under thelaws of the State of Delaware, has applied for an Order pursuant to Section 83 of theAct;

AND UPON it being represented that Sheffield Pharmaceuticals Inc. has onlythree (3) security holders residing in Ontario;

AND UPON it being represented that the three (3) security holders residing inOntario own an aggregate of only 1,750 shares of approximately 28 million shares ofSheffield Pharmaceuticals Inc. issued and outstanding;

AND UPON it being represented that Sheffield Pharmaceuticals Inc. is and willremain a reporting issuer in Nova Scotia and in the United States;

AND UPON it being represented that the security holders of Sheffield residing inCanada receive directly from the Corporation the annual report of the Corporationwhich contains audited financial statements from the previous financial year;

AND UPON the Ontario Securities Commission being satisfied that to do sowould not be prejudicial to the public interest;

IT IS HEREBY ORDERED pursuant to Section 83 of the Act that SheffieldPharmaceuticals Inc. is deemed to have ceased to be a reporting issuer for thepurposed of the Act.

September 29th, 2000.

"J. Hughes"