| UPGRADES & DOWNGRADES HISTORY |
| Date | Research Firm | Action | From | To | | 6-Aug-08 | Oscar Gruss | Downgrade | Buy | Hold | | 26-Apr-06 | CIBC Wrld Mkts | Upgrade | Sector Underperform | Sector Outperform | | 6-Nov-03 | CIBC Wrld Mkts | Downgrade | Sector Perform | Sector Underperform | | 2-Apr-03 | CIBC Wrld Mkts | Downgrade | Sector Outperform | Sector Perform | | 21-Nov-01 | PMG | Initiated | | Buy | | 7-Mar-00 | Josephthal & Co | Initiated | | Focus List | | 29-Nov-99 | CIBC Wrld Mkts | Initiated | | Strong Buy | | 22-Nov-99 | Hambrecht & Quist | Initiated | | Buy | | 22-Nov-99 | Salomon Smth Brny | Initiated | | Buy |
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| Current Month | Last Month | Two Months Ago | Three Months Ago | | Strong Buy | 0 | 0 | 0 | 0 | | Buy | 0 | 0 | 0 | 0 | | Hold | 0 | 1 | 1 | 1 | | Underperform | 0 | 0 | 0 | 0 | | Sell | 0 | 0 | 0 | 0 |
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