<2 of 2

Three-Year Review – Market Statistics

(Unaudited)   2008   2007   2006
Toronto Stock Exchange:            
Volume (millions) 109,239.7 96,109.0 82,049.9
Value ($ billions) 1,853.2 1,697.2 1,416.1
Transactions (000s) 182,901.5 118,578.2 85,651.9
Issuers Listed 1,570 1,613 1,598
       
New Issuers Listed: 126 207 197
Number of Initial Public Offerings 52 99 108
Number of graduates from TSX Venture/NEX 45 72 67
New Equity Financing: ($ millions) 35,312.0 47,613.9 41,793.4
Initial Public Offering Financing ($ millions) 1,929.0 7,321.3 9,927.2
Secondary Offering Financings1 ($ millions) 24,523.8 23,157.6 19,513.4
Supplementary Financings ($ millions) 8,859.3 17,134.9 12,352.8
Market Cap of Listed Issuers ($ billions) 1,279.3 2,095.3 2,061.3
S&P/TSX Composite Index Close 8,987.7 13,833.1 12,908.4
       
TSX Venture Exchange2:      
Volume (millions) 44,052.2 53,147.4 37,674.5
Value ($ millions) 23,796.1 44,970.4 33,277.9
Transactions (000s) 5,912.6 8,675.1 6,487.2
Issuers Listed 2,443 2,338 2,244
       
New Issuers Listed: 233 273 186
New Equity Financing: ($ millions) 5,560.2 11,652.4 8,047.8
Initial Public Offering Financing ($ millions) 225.1 532.7 369.7
Secondary Offering Financings1 ($ millions) 5,335.1 11,119.7 7,678.1
Market Cap of Listed Issuers ($ billions) 17.1 58.5 55.3
S&P/TSX Venture Composite Index Close 797.0 2,839.7 2,987.1

 

1 Secondary Offering Financings includes prospectus offerings on both a treasury and secondary basis.
2 TSX Venture Exchange market statistics do not include data for debt securities. ‘New Issuers Listed’ and ‘S&P/TSX Venture Composite Index Close’ statistics exclude data for issuers on NEX. All other TSX Venture Exchange market statistics include data for issuers on NEX, which is a board that was established on August 18, 2003 for issuers that have fallen below TSX Venture’s listing standards (181 issuers at December 31, 2008, 162 issuers at December 31, 2007).

 

<2 of 2