Maple Group and TMX Group outline proposal to create an integrated exchange group

Company officials address AMF Public Hearings

MONTREAL, Nov. 24, 2011 /CNW/ - TMX Group Inc. and Maple Group Acquisition Corporation (Maple Group) today appeared at the public hearings on the subject of their proposed transaction, convened by the Autorité des marchés financiers (AMF), which began today in Montréal.

The joint presentation included remarks on behalf of Maple Group by: Luc Bertrand, Vice-Chairman, National Bank Financial and Marie Giguère, Executive Vice President, Legal Affairs and Secretariat, Caisse de dépôt et placement du Québec. Appearing on behalf of TMX Group were Tom Kloet, Chief Executive Officer, TMX Group and Alain Miquelon, President and Chief Executive Officer, Montréal Exchange.

Mr. Bertrand said:

"It is our belief that an integrated exchange and clearing group across the full spectrum of equity and derivative products offers significant efficiencies, creates the right conditions to drive increased economic activity and international investment in Canada and contributes to the ongoing stability of Canada's financial system.

"What we have proposed, with the support of TMX Group, is a plan that makes sense - a plan that serves all market participants and Canada's capital markets overall. And, we believe, a plan that has tremendous potential value to Montreal and Quebec's financial community."

Mr. Kloet, CEO, TMX Group added:

"Through this agreement, TMX Group's ability to execute a business plan focused on growth is improved and accelerated, and our company's global position is strengthened even further. We believe that this proposal allows us to move forward in a way that benefits our stakeholders across Canada and here in Quebec.

"Through carefully crafted governance provisions, strong undertakings to regulators, and an independent Board, we believe we have a structure that will accelerate growth while protecting the value, service and benefits that we offer today."

The full presentation may be viewed at www.tmx.com/maple.

About TMX Group (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Montréal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well as in London and Beijing. For more information about TMX Group, visit our website at www.tmx.com.

About Maple Group Acquisition Corporation

Maple Group Acquisition Corporation is a corporation whose investors comprise 13 of Canada's leading financial institutions and pension funds. The investors in Maple are: Alberta Investment Management Corporation, Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, CIBC World Markets Inc., Desjardins Financial Group, Dundee Capital Markets Inc., Fonds de solidarité des travailleurs du Québec (F.T.Q.), GMP Capital Inc., National Bank Financial Inc., Ontario Teachers' Pension Plan, Scotia Capital Inc., TD Securities Inc. and The Manufacturers Life Insurance Company. For more information on Maple Group, visit www.abetterexchange.com.

SOURCE TMX GROUP INC.

For further information:

TMX Group
Carolyn Quick        Paul Malcolmson
Director, Corporate Communications     Director, Investor Relations
416-947-4597         416-947-4317
carolyn.quick@tmx.com      paul.malcolmson@tmx.com
 
Maple
Peter Block        Jean-Sébastien Lamoureux
Toronto        Montréal
416-848-1431        514-843-2368
pblock@national.ca       jslamoureux@national.ca
 
Investor Contact:
Rudy Sankovic
416-308-7857
Rudy.Sankovic@td.com

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TMX GROUP INC.

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Maple Group Acquisition Corporation

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