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## Issued and Outstanding 

The changes in the Class A Voting and Class B Non-Voting Shares since August 31, 1999 are summarized as follows: 

<img src='content_image/23196.jpg'>

## Stock Option Plan 

Under the Company’s Stock Option Plan, which is subject to shareholder approval at the Annual and Special Meeting of shareholders of the Company to be held on December 12, 2000, the Company may grant options to purchase Class B Non-Voting Shares to eligible officers, directors, employees of or consultants to the Company. The maximum number of shares that can be reserved for issuance under the plan is 2,852,670 shares. All options granted are for a term of five to ten years from the grant date. The exercise price of each option equals the market price of the Company’s stock on the date of the grant. Options vest 25% on each of the first, second, third and fourth anniversary dates of the date immediately preceding the date of the grant. 

A summary of the options outstanding at August 31, 2000 and the changes during the year is presented below: 

<img src='content_image/23195.jpg'>

