SEDAR SUBSCRIBER UPDATE

November 21, 1997

SEDAR Code Update

On Monday, November 24, 1997 a SEDAR Code Update is to occur that will provide SEDAR's Anti-Virus software with the latest signature files. This is to keep SEDAR's virus detection capability current.

The entire Code Update is approximately 480 k in size and should take less than 6 minutes to download with a 14.4 k modem.

In addition, the next Code Update is planned to take place during the third week of December, 1997. It will include modifications to different Securities Commissions' Fee Tables.

ANY QUESTIONS SHOULD BE ADDRESSED TO YOUR CDS INC. (SEDAR) CUSTOMER SERVICE REPRESENTATIVE, OR THE SEDAR HELPDESK AT 1 (8.5) 219-5381.

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