TSX Group Inc. names Thomas A. Kloet as CEO



    TORONTO, June 9 /CNW/ - After an extensive international search, the
Board of Directors of TSX Group Inc., Canada's leading integrated exchange
group, today named Thomas A. Kloet as Chief Executive Officer. Mr. Kloet has
spent the last five years as the Senior Executive Vice-President and Chief
Operating Officer of Fimat USA, LLC and its successor company, Newedge USA,
LLC and, prior to that, was the CEO of Singapore Exchange Limited. He will
assume his position in Toronto on July 14, 2008(*). He will also become a member
of the Board of TSX Group Inc.
    Wayne Fox, Chair of TSX Group, said, "Tom brings a very impressive track
record of success in a number of key areas and we believe he is the right
person to drive the future of our new integrated TMX Group." He went on to
say, "He has extensive experience in equities, derivatives, clearing and
electronic trading. As the first CEO of SGX, he led the successful integration
of the Stock Exchange of Singapore and the Singapore International Monetary
Exchange into SGX and its initial public offering in 2000 Our Board came to a
unanimous decision on Tom."
    Mr. Kloet said, "I am thrilled to be assuming the exciting challenge of
integrating the newly combined businesses of TSX Group and Montreal Exchange
and taking TMX Group forward to an increased presence on the global stage. I
am looking forward to working with the dedicated and experienced senior
management team including Luc Bertrand, Rik Parkhill and Michael Ptasznik, who
all have deep and invaluable industry experience."
    On May 1, TSX Group completed its business combination with Montreal
Exchange Inc. Shareholders of TSX Group will vote on a company name change to
TMX Group Inc. on June 11, 2008. The combination of the two companies provides
the organization with a new vision for the future of the Canadian capital
markets. The new TMX Group will redefine the Canadian capital markets and
strengthen its global positioning. TMX Group lists, trades, clears and offers
market data for both cash and derivatives markets across multiple asset
classes.
    A copy of Mr Kloet's bio is attached.

    About TSX Group Inc. (TSX-X)

    TSX Group Inc. completed its business combination with Montréal Exchange
Inc. on May 1, 2008 to form TMX Group(1), the leading integrated exchange
group in Canada, operating markets for multiple asset classes. TSX Group
operates Canada's two national stock exchanges, Toronto Stock Exchange serving
the senior equity market and TSX Venture Exchange serving the public venture
equity market, Natural Gas Exchange (NGX), a leading North American exchange
for the trading and clearing of natural gas and electricity contracts and
Shorcan Brokers Limited, the country's first fixed income inter-dealer broker.
TSX Group also owns The Equicom Group Inc., a leading provider of investor
relations and related corporate communication services in Canada. TSX Group is
headquartered in Toronto and maintains offices in Montreal, Calgary and
Vancouver.

    
    (1)    TSX Group is expected to change its name to TMX Group Inc. on
           June 11, 2008, subject to shareholder approval.

    (*)Mr. Kloet's start date is subject to receipt of appropriate approvals
from Human Resources Skills Development Canada and Citizenship and Immigration
Canada.



                 TSX Group Inc. names Thomas A. Kloet as CEO

                                  Biography
                                  ---------
    

    JUNE 9, 2008 (TORONTO) - Thomas A. Kloet was named CEO of TMX Group Inc.
and joins on July 14, 2008. Mr. Kloet has served as Senior Executive Vice
President and Chief Operating Officer of the American Zone for Fimat and its
successor, Newedge Group, since 2003. In this role he is responsible for
management of the firm's major operating departments in the zone, including
operations, finance, risk management, information technology and client
services.
    Previously, from 2000 to 2002, he served as the first Chief Executive
Officer and Executive Director of Singapore Exchange Limited. At SGX he led
the exchange through its transformation from a mutual utility to a commercial
entity. During Mr. Kloet's tenure at SGX, it introduced an open infrastructure
for its electronic securities trading system (SGX Access), created a
securities borrowing and lending business, brought forward the liberalisation
of securities market commission rates and introduced a new facility for
over-the-counter trades. SGX also implemented a regional listing strategy,
introduced a new set of listing rules and adopted a new code of corporate
governance. During Mr. Kloet's term, SGX introduced new products in the
equities market, such as Exchange Traded Funds and REITS, and expanded its
array of international and domestic derivative products. Mr. Kloet led SGX
through its initial public offering and listing on its own exchange in
November, 2000.
    Prior to this, Mr. Kloet was Senior Managing Director for ABN AMRO, Inc.,
the US investment banking unit of ABN AMRO Bank, NV, where he was responsible
for all operating activity of the global derivatives business and managing
subsidiary brokerage companies in Singapore, Hong Kong, Tokyo and Sydney.
    Previous to ABN AMRO, Mr. Kloet served as Chief Operating Officer at
Credit Agricole Futures Inc. in Chicago and as an executive officer of its
parent, Segespar Capital Members, Inc.
    He was an elected member of the Board of Directors of the Chicago
Mercantile Exchange from 1996 until he assumed his position at SGX. He served
three terms as Board Treasurer and was a member of the Chicago Mercantile
Exchange Executive Committee chairing its Clearing House; Finance, Budget and
Planning; and Benefits and Compensation Committees. He vice-chaired its
Strategic Planning Committee, which developed the demutualization plan for the
CME. He also served on the Board of the CME Political Action Committee.
    In addition to his past board memberships at SGX and CME, Mr. Kloet
currently serves on the board of CBOE Futures Exchange, Inc. and National
Futures Association. He is a past board member of the Chicago Stock Exchange.
Mr. Kloet also serves on the non-profit boards of Elmhurst College and
Elmhurst Memorial Healthcare.
    A certified public accountant, Mr. Kloet is a member of AICPA and the
Illinois CPA Society. He graduated with a bachelor's degree in business
administration from the University of Iowa in 1980. Mr. Kloet is married with
two children.

    About TSX Group Inc. (TSX-X)
    ----------------------------
    TSX Group Inc. completed its business combination with Montréal Exchange
Inc. on May 1, 2008 to form TMX Group(1), the leading integrated exchange
group in Canada, operating markets for multiple asset classes. TSX Group
operates Canada's two national stock exchanges, Toronto Stock Exchange serving
the senior equity market and TSX Venture Exchange serving the public venture
equity market, Natural Gas Exchange (NGX), a leading North American exchange
for the trading and clearing of natural gas and electricity contracts and
Shorcan Brokers Limited, the country's first fixed income inter-dealer broker.
TSX Group also owns The Equicom Group Inc., a leading provider of investor
relations and related corporate communication services in Canada. TSX Group is
headquartered in Toronto and maintains offices in Montreal, Calgary and
Vancouver.

    
    (1)    TSX Group is expected to change its name to TMX Group Inc. on
           June 11, 2008, subject to shareholder approval.
    


    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/





For further information:

For further information: Steve Kee, Director, Corporate Communications,
TSX Group Inc., Toronto Office, (416) 947-4682, Toll Free 1-888-873-8392,
Cellular (416) 358-3714, Vancouver Office (604) 602-6902, Calgary Office (403)
218-2892, steve.kee@tsx.com


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