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SWP Ownership Bylaw Change Approved

REGINA - Feb 12/03 - SNS -- Saskatchewan Wheat Pool Class B shareholders ratified a proposal to move provisions respecting share ownership limits out of provincial legislation and into the company's bylaws, at their annual meeting today in Regina.

Today's approval was the final step in a process that began in October 2002, when the company's elected delegates voted to petition the provincial government to move the provision, along with one dealing with the election of directors, into the bylaws. The government passed the corresponding amendments to The Saskatchewan Wheat Pool Act, 1995 in December 2002.


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