TSXgroup

July 7, 2008

JULY 7, 2008 (TORONTO) -- TSX has determined to delist the Common Shares of Algo Group Inc. (Symbol: AO), as well as the Convertible Redeemable Retractable Third Preferred Shares Series I (Symbol: AO.PR.A) and 6% Cumulative Redeemable Convertible Second Preferred Shares Series I (Symbol: AO.PR.B) at the close of market on August 6, 2008 for failure to meet the continued listing requirements of TSX. The Securities of the Company are currently halted due to the imposition of a Cease Trade Order. In addition, the Securities have been suspended from trading by TSX effective immediately. The Company will now be subject to the requirements of Section 501 of The TSX Company Manual.

About TMX Group Inc. (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy products. Toronto Stock Exchange (TSX), TSX Venture Exchange, Montreal Exchange (MX), Natural Gas Exchange (NGX), Shorcan and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community who access Canada's capital market. From its home base in Canada TMX Group reaches internationally, as its equity markets are the 7th largest in the world by market capitalization and list more resource companies than any other exchange group. TMX Group is headquartered in Toronto and maintains offices in Montreal, Calgary and Vancouver. For more information on TMX Group, visit our website at http://www.tsx.com.

Corporate Communications, TSX Group Inc., Toll Free 1-888-873-8392, info@tsx.com.