Orders and Exemptions

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THE SECURITIES ACT
)
Order No. 5009
)
Section 148
)
February 15, 2006

MAITLAND CAPITAL LTD.

WHEREAS:

(A) The Manitoba Securities Commission (the "Commission") issued Order 4998 dated February 8, 2006 ordering that all trading in the securities of MAITLAND CAPITAL LTD. ("Maitland") shall cease forthwith for a period from and including February 8, 2006 and including February 22, 2006;

(B) MAITLAND CAPITAL LTD. and staff of the Commission have requested that the matter be adjourned without fixed date;

(C) MAITLAND CAPITAL LTD. consents to an extension of the previous order without admission of liability and reserving the right to challenge the validity of the order at a later date;

(D) The Commission is of the opinion that in view of the foregoing it is in the public interest to make this consent order.

IT IS ORDERED:

1. THAT, pursuant to section 148 of the Act, all trading in the securities of MAITLAND CAPITAL LTD. shall cease until further order of the Commission.

2. THAT, the matter be adjourned without a fixed date.

BY ORDER OF THE COMMISSION

Director, Legal and Enforcement

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