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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackJul 15, 2011
Part I
1. Date of notice to issuer 15/07/2011
2. Name of Substantial Shareholder (i) Mackenzie Inc. ("MI"), (ii) IGM Financial Inc. ("IGMFI")
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Deemed Interest 13/07/2011
2. The change in the percentage level From 7.93 % To 6.99 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Due to an open market transaction.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: Change in the percentage level is the result of a series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 15,688,200
As a percentage of issued share capital 0 % 7.93 %
No. of shares held after the change 0 13,832,200
As a percentage of issued share capital 0 % 6.99 %
Footnotes Each of MI and IGMFI is a substantial shareholder of the Company by virtue of its deemed interest in the shares of the Company managed by its subsidiaries as fund managers.

Percentage before the change is calculated based on total number of issued ordinary shares being 197,904,000 as at 24 January 2011.

Percentage after the change is calculated based on total number of issued ordinary shares being 198,015,654 as at 13 July 2011.