The Ontario Teachers’ Pension Plan (Teachers’) has completed the transaction to increase its stake in Bristol International Airport, Britain’s ninth busiest airport, and to sell its minority stake in Copenhagen Airports.

Poonam Puri argues against the so-called “30 per cent rule” that precludes pension plans such as ours from holding more than 30 per cent of the director voting shares in a company anywhere in the world – including Canada. This burdensome rule limits the number of appropriate investment opportunities available to Teachers', and other similar Canadian pension plans, here and abroad, and saddles our investments with unnecessary costs.

Toronto has the potential to be a world hub of retirement financing solutions – a position that Ontario Teachers’ Pension Plan CEO Jim Leech has endorsed supporting a new action plan for the Toronto Financial Services Working Group.

Further to the announcement made by Transurban today, Canada Pension Plan Investment Board (“CPPIB”) and Ontario Teachers’ Pension Plan (“Teachers’”) confirm that on 27 October 2009 they submitted an indicative proposal to acquire 100% of Transurban securities by way of a scheme of arrangement (“the Proposal”).

The TSX announced today it received the green light to require public companies to obtain shareholder approval for acquisitions that result in the issuance of 25% or more of their outstanding shares. “We are very pleased with this decision,” said Wayne Kozun, head of Public Equities for the Ontario Teachers’ Pension Plan. “The TSX is aligning its governance standards with major international exchanges and improving shareholder democracy, making Canadian capital markets more attractive.”

Simmons Company ("Simmons") and its indirect subsidiary Simmons Bedding Company ("Simmons Bedding"), a leading manufacturer of premium-branded bedding products, today announced that their Boards of Directors have approved a restructuring plan under which they have entered into an agreement that provides for the acquisition of Simmons Bedding and all of its subsidiaries, as well as its parent Bedding Holdco Incorporated, by certain affiliates of Ares Management LLC ("Ares") and Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan ("Teachers'").

Target’s announcement that board members would stand for reelection each year is “a good move,” said Wayne Kozun, head of Public Equities for the Ontario Teachers’ Pension Plan, particularly when combined with other practices that encourage board independence and accountability.

Bristol International Airport (BIA) has welcomed today’s announcement that Ontario Teachers’ Pension Plan (Teachers’) will increase its shareholding in BIA, after entering an agreement to acquire the interest currently held by Macquarie Airports (MAp)

Erol Uzumeri, Senior Vice-President, Teachers’ Private Capital (TPC), the private investment department of the Ontario Teachers’ Pension Plan, today announced Teachers’ agreement with CTVglobemedia Inc. to purchase the multimedia company’s remaining 7.7% stake in Maple Leaf Sports and Entertainment (MLSE).

The Ontario Teachers’ Pension Plan (Teachers’) is urging Canadian securities regulators to disallow companies from voting newly issued shares acquired in private placements with the apparent purpose of swaying the outcome of their takeover bids.

The Ontario Teachers’ Pension Plan (Teachers’) has confirmed Maple Leaf Foods Inc.’s (“MFI”) disclosure of earlier today that Teachers’ has delivered notice to McCain Capital Corporation ("MCC") to terminate, effective June 30, 2010, the shareholders’ agreement between Teachers’ and MCC.

The Ontario Teachers’ Pension Plan’s (Teachers’) legal team was awarded the Global Counsel Award for Best Team in the General Commercial category, at a recent ceremony in New York City.

A recent news article pointed out that stock option exchanges are being considered in boardrooms in the U.S. and Canada as directors look for solutions to equity-based compensation plans in light of last year’s market plummet. “Exchanges may sound like a panacea – but as often happens, the devil is in the details,” commented Wayne Kozun, Senior Vice-President, Public Equities. Mr. Kozun said even when stock option exchanges are structured to be cost-neutral from a dilution perspective, this approach will not necessarily tie future compensation payments to company and market outperformance.

The Ontario Teachers’ Pension Plan has delivered a message to fellow Chesapeake Energy shareholders: it intends to withhold upcoming annual general meeting proxy votes for conflicted directors and vote in favour of shareholder proposals calling for de-classification of the board of directors and majority voting for directors. Chesapeake’s annual general meeting is scheduled for Friday, June 12.

TORONTO (May 12, 2009): Jim Leech, President and CEO, Ontario Teachers’ Pension Plan (Teachers’) was honoured last week as a Champion of Public Education by The Learning Partnership, at their 11th annual Toronto tribute dinner.

Barbara Zvan, Senior Vice-President, Asset Mix & Risk, Ontario Teachers’ Pension Plan (Teachers’) has been honoured as one of Canada’s Top 40 Under 40™ for 2008. The annual award recognizes the achievements of 40 Canadians in the private, public and not-for-profit sectors under the age of 40.

The Ontario Teachers’ Pension Plan ended 2008 with assets totaling $87.4 billion, compared to its record $108.5 billion level at the end of 2007. The fund’s investment return was -18% compared to its composite benchmark return of -9.6%.

“The Ontario government’s proposed amendment to the Teachers’ Pension Act represents an encouraging step forward towards pension reform for thousands of Ontarians,” said Jim Leech, President and CEO of the Ontario Teachers’ Pension Plan (Teachers’). The amendment was introduced as part of the Ontario government’s 2009 budget.

Ontario Teachers’ Pension Plan (Teachers’) has provided suggestions to the Canadian government as it considers the legislative and regulatory framework for private pension plans.

Teachers’ Private Capital was chosen as the Best Private Equity Firm in Canada for the second consecutive year in the annual Private Equity International Awards.

Ontario Teachers’ Pension Plan (Teachers’) has provided comments on the report of the Ontario Expert Commission on Pensions (the Arthurs Report) to the Ontario government.

Ontario Teachers’ Pension Plan (Teachers’) received a 2008 Canadian Dealmakers award in recognition of its joint acquisition of Chilean electricity distribution, transmission and generation company SAESA Group.

The Ontario Teachers’ Pension Plan (Teachers’) filed a Form 13F with the U.S. Securities and Exchange Commission after market close today. The form notes that Teachers’ held approximately 16 million common shares of Petro-Canada, representing 3.3% of the company, as of December 31, 2008 and 4.3 million common shares as of September 30, 2008.

Claude Lamoureux, retired President and Chief Executive Officer of Ontario Teachers’ Pension Plan (Teachers’), has been named to the Order of Ontario, an honour given by the Lieutenant Governor to citizens who have demonstrated excellence in their fields and made an outstanding contribution to the province.

The Ontario Teachers’ Pension Plan (Teachers’) is urging boards and compensation committees not to change stock option plans and other forms of equity-based compensation in response to slumping markets.

Education Minister Kathleen Wynne and George (Joe) Lamoureux, President of the Ontario Teachers’ Federation, today announced the re-appointment of Eileen A. Mercier to a second two-year term as Chair of the Ontario Teachers’ Pension Plan Board commencing January 1, 2009.