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November 28, 1997

TOJ – Officers Re-elected

At the annual general meeting on November 25, 1997 the following persons were re-elected to the Board of Directors: Hon. Mayer M. Matalon, O.J. Messrs: Joseph M. matalon Errald Miller

CIBC W.I. – Final Dividend

It has been resolved that a final dividend of four cents ($Bds.)per share for the year ended October 31, 1997 be declared on the common shares of the company and