Notice of Hearing: In the Matter of Children's Education Funds Inc.

IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED

- AND -

IN THE MATTER OF
CHILDREN’S EDUCATION FUNDS INC.

NOTICE OF HEARING

    WHEREAS on September 14, 2012, the Ontario Securities Commission (the “Commission”) issued a temporary order (the “Temporary Order”) pursuant to subsections 127(1) and 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”);

    AND WHEREAS the Temporary Order ordered terms and conditions imposed on the registration of Children’s Education Funds Inc. (“CEFI”);

    TAKE NOTICE THAT the Commission will hold a hearing (the “Hearing”) pursuant to section 127 of the Act at the offices of the Commission at 20 Queen Street West, 17th Floor Hearing Room on Wednesday, September 26, 2012 at 10:00 a.m., or as soon thereafter as the hearing can be held;

    TO CONSIDER whether, in the opinion of the Commission, it is in the public interest, pursuant to subsections 127(7) and (8) of the Act, for the Commission to:

(a) extend the Temporary Order; and

(b) to make further orders as the Commission considers appropriate;

    BY REASON OF such allegations and evidence as counsel may advise and the Commission may permit;

    AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel at the hearing;

    AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceedings.

DATED at Toronto this 20^th day of September, 2012.