Knightsbridge London Limited Partnership 1993 - s. 83 of the Act

Headnote

Issuer deemed to have ceased to be reporting issuer under the Act.

Applicable Ontario Statutory Provisions

Securities Act, R.S.O. 1990, c. S.5, as am., ss. 1(1), 6(3) and 83.

January 13, 2005

Dear Mr. Morrow:

The Applicant has applied to the local securities regulatory authority or regulator (the "Decision Maker") in the Jurisdiction for a decision under the securities legislation (the "Legislation") of the Jurisdiction to be deemed to have ceased to be a reporting issuer in the Jurisdiction.

As the Applicant has represented to the Decision Maker that:

• the outstanding securities of the Applicant, including debt securities, are beneficially owned, directly or indirectly, by less than 15 security holders in each of the jurisdictions in Canada and less than 51 security holders in total in Canada;

• no securities of the Applicant are traded on a marketplace as defined in National Instrument 21-101 Marketplace Operation;

• the Applicant is applying for relief to cease to be a reporting issuer in all of the jurisdictions in Canada in which it is currently a reporting issuer; and

• the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer,

the Decision Maker is satisfied that the test contained in the Legislation that provides the Decision Maker with the jurisdiction to make the decision has been met and orders that the Applicant is deemed to have ceased to be a reporting issuer.