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NOTICE

IMPORTANT DEVELOPMENT IN THE SUNRISE PROPANE CLASS ACTION.

This is notice of an important development in the Sunrise Propane class action. As you are aware, we have decided not to sue the City of Toronto in our comprehensive action because we do not believe that we can succeed in an action against the City, as a matter of law. A number of class actions were initially issued after the explosions which did name the City of Toronto as a defendant. This was at a time when we were unclear about the facts and had not yet had an opportunity to review the law. Those actions have now been discontinued by Order of the Honourable Mr. Justice Cullity.

We have been asked by the Court to advise all potential class members that anyone wishing to bring his or her own action against the City of Toronto must do so on or before February 8, 2012 and if no action is brought by that date, potential class members will be prohibited from bringing an action against the City of Toronto.

Summary

1. This class action arises out of a propane explosion that occurred at the Sunrise Propane distribution plant located on Murray Road in Toronto, Ontario at 3:50 a.m. on August 10, 2008. The class action names the following defendants:

(a) Sunrise Propane Energy Group Inc., 1367229 Ontario Inc., 1186728 Ontario Limited, 1452049 Ontario Inc. (the operators of the propane distribution facility);

(b) Valery Belahov, Shay Ben Moshe, Leonid Belahov, Arie Belahov (the officers and directors of some of the companies referred to in (a) above);