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Bridges.com Inc Announces Normal Course Issuer Bid
February 21, 2001 Kelowna, BC - Bridges.com Inc. ("Bridges" or the "Corporation") announces that The Toronto Stock Exchange has accepted notice filed by the Corporation of its intention to make a normal course issuer bid. The Corporation may, during the 12-month period beginning February 26, 2001 and ending February 25, 2002, purchase on The Toronto Stock Exchange up to a maximum of 661,713 common shares in total, being 5% of the current 13,234,250 common shares issued and outstanding. The actual number of common shares which may be purchased and the timing of any such purchases will be determined by the Corporation. The Corporation intends to cancel any common shares acquired under the bid. The Corporation believes that the price of its common shares has declined to a level less than their value relative to the Corporation's assets and future business prospects. As a result, depending on product pricing, future share trading prices and other factors, the Corporation believes that the acquisition of some of its outstanding common shares via the normal course issuer bid represents a desirable use of a portion of the Corporation's discretionary capital. About Bridges.com, Inc. Bridges is North America's leading provider of career and educational planning solutions. Over 13,000 schools, libraries, employment centres, post-secondary and rehabilitation facilities subscribe to our customized products. Bridges' resources are uniquely adapted to service a range of corporate, consumer and global markets. Bridges serves the career development needs of more than a million graduating students across North America. Our market-leading resources effectively help people explore career and educational options, plan for their future, and apply to educational opportunities. For more information contact:
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