Order: In the Matter of M.C.J.C. Holdings Inc. and Michael Cowpland

October 28, 1999

Order

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

AND

IN THE MATTER OF
M.C.J.C. HOLDINGS INC. AND MICHAEL COWPLAND

ORDER

WHEREAS on October 14, 1999, the Ontario Securities Commission issued a Notice of Hearing pursuant to section 127 of the Securities Act, R.S.O.1990, c. S.5, as amended (the "Act")in respect of M.C.J.C. Holdings Inc. and Michael Cowpland (the "Respondents");

AND WHEREAS on October 14, 1999, the Respondents were charged with offencescontrary to section 122 of the Act (the "Ontario Court of Justice proceeding") which relate to thesame matters as are the subject of this proceeding;

AND WHEREAS the parties have agreed to adjourn this hearing to await the outcome ofthe Ontario Court of Justice proceeding and the parties consent to the terms of this order;

IT IS ORDERED THAT pursuant to section 21 of the Statutory Powers Procedures Act,R.S.O. 1990, c. S.22, as amended, the hearing is adjourned sine die but may be brought back on uponseven days' notice.

October 28^th, 1999.

"Howard I. Wetston" "R. Stephen Paddon"