CNQ’s Pure Trading Marketplace Has Record Day of Trading

Toronto: May 22, 2008 – Canadian Trading and Quotation System Inc. (“CNQ”) is pleased to announce that its Pure Trading marketplace today surpassed its previous records for share volume executed, and number of trades.  Today, Pure Trading executed 12,457 trades, involving over 6.1 million shares.  Previous records were 11,156 trades, and 5.054 million shares respectively.

Trading in the shares of BCE Inc. was particularly heavy today and closed at $32.62 with over 3 million shares being executed in the Pure Trading system.  This total represents more than 10 % of the share volume in BCE executed on Canadian exchanges today. Pure Trading typically accounts for more than 5% of the combined daily trading activity in over 20 different securities.  The top 10 traded issues on Pure Trading today were as follows:

“Today’s activity represents a major milestone in the development of Pure Trading’s reputation for reliability and system performance”, said Ian Bandeen, CEO and Vice-Chair of CNQ.  “Even with our busiest day yet, our dealer customers continued to see the kind of world class performance from the Pure Trading system they are coming to expect.”

About CNQ

Pure Trading provides an effective and cost efficient alternative for the trading of Canadian equity securities. It is the second major initiative of CNQ, which launched the first and only new Canadian stock exchange in over 70 years in 2003, and which continues to steadily add to its complement of listed companies, participating dealers and trading volumes. For more information please visit the websites at www.puretrading.ca and www.cnq.ca.

For more information please contact:

Ian Bandeen

Vice-Chair andCEO

CNQ

416-572-2000 ex 2265

[email protected]

Lida Preyma

Director, Business Development and Marketing

Pure Trading

416-572-2000 ex 2265

[email protected]