Notice of Hearing: In the Matter of Robert Waxman

        TAKE NOTICE THAT the Ontario Securities Commission will hold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c.S.5, as amended, at its offices on the 17^th Floor, 20 Queen Street West, Toronto, Ontario, commencing on December 21, 2007 at 9:00 a.m., or as soon thereafter as the hearing can be heard;

        AND TAKE NOTICE that the purpose of the hearing is for the Commission to consider whether it is in the public interest to make an order approving the Settlement Agreement entered into by Staff of the Ontario Securities Commission and Robert Waxman;

        BY REASON OF the allegations set out in the Statement of Allegations of Staff dated August 30, 2000 and amended October 12, 2005, December 9, 2005 and July 26, 2007, and such additional allegations as counsel may advise and the Commission may permit;

        AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel if that party attends or submits evidence at the hearing;

        AND TAKE FURTHER NOTICE that upon the 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 proceeding.

DATED at Toronto this "18^th" day of December, 2007.

TO:	LENCZNER SLAGHT ROYCE SMITH GRIFFIN LLP Suite 2600 130 Adelaide Street West Toronto, ON M5H 3P5 Alan Lenczner Tel: (416) 865-3090 Fax: (416) 865-9010 Eli Lederman Tel: (416) 865-3555 Fax: (416) 865-9010 Solicitors for Robert Waxman