Article: CINAR Seeks Revision of Nasdaq Decision to Delist Shares.

Business Editors

MONTREAL--(BUSINESS WIRE)--Aug. 2, 2000

CINAR Corporation (TSE:CIF.A.)(TSE:CIF.B.)announced that it has been advised by Nasdaq that its shares are delisted effective today, August 2, 2000. CINAR will request that the Nasdaq Listing and Hearing Review Council review this decision of the Nasdaq Listing Qualifications Panel.

"We fully understand Nasdaq's objectives in this matter. We wish to comply with the requirements of The Nasdaq Stock Market and to protect the interest of CINAR shareholders by providing accurate, complete and publicly-filed audited financial statements on our Company as quickly as possible. We believe a ...

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