Notice of Hearing: In the Matter of Trafalgar Associates Limited and Edward Furtak

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


-and-


IN THE MATTER OF TRAFALGAR ASSOCIATES LIMITED
AND EDWARD FURTAK



NOTICE OF HEARING
(Section 127 and 127.1)

TAKE NOTICE that the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") in the Main Hearing Room, 17th Floor, 20 Queen Street West, Toronto, on May 15, 2003 at 10:00 a.m., or as soon thereafter as the hearing can be held;

AND TAKE NOTICE that the purpose of the hearing will be for the Commission to consider whether to approve the proposed settlement of the proceeding entered into between Staff of the Commission and the respondents Trafalgar Associates Limited and Edward Furtak;

BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission 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.


DATED at Toronto this 1st day of May, 2003