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Standard & Poor's Index Change: S&P Global 1200, TSE 300 Composite, TSE 300 Capped, S&P/TSE 60, S&P/TSE 60 Capped And TSE 100 indices.

Date 16/11/2001

Standard & Poor's Canadian Index Operations announces that effective after the close of business on Monday November 19, 2001, the following changes will take place in the S&P Global 1200, TSE 300 Composite, TSE 300 Capped, S&P/TSE 60, S&P/TSE 60 Capped and TSE 100 indices.

The relative weight of Biovail Corporation (TSE: BVF) will increase by approximately 0.14% in the TSE 300 Composite and TSE 300 Capped, 0.18% in the S&P/TSE 60 and S&P/TSE 60 Capped and 0.15% in the TSE 100. The relative weight change reflects an adjustment to the float shares of the company to reflect the completion of a recent prospectus offering.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), provides independent financial information, analytical services, and credit ratings to the world's financial markets. Among the company's many products are the S&P Global 1200, the world's first global, equity, real time index; the S&P 500, the premier U.S. portfolio index; and credit ratings on more than 220,000 securities and funds worldwide. With more than 5,000 employees located in 21 countries, Standard & Poor's is an integral part of the global financial infrastructure.