URB Urbana Corporation

Urbana Corporation ("Urbana") (TSX:URB)(TSX:URB.A)(TSX:URB.WT)(TSX:URB.WT.A) is
pleased to announce that it has initiated a position in the TSX Group Inc.
("TSX") by purchasing 50,000 shares worth in excess of CDN$2 million. TSX is the
holding company for the Toronto Stock Exchange and the TSX Venture Exchange.


Urbana also purchased 65,000 shares of the Montreal Exchange Inc. ("MXX"), the
leading derivatives market in Canada. This brings Urbana's total position in MXX
to CDN$2.4 million.


Urbana is an investment corporation that is listed on the Toronto Stock
Exchange. Urbana's current focus is buying memberships and shares of private and
public securities exchanges in North America and around the world.


Forward Looking Statements

Certain statements in this press release constitute "forward-looking" statements
that involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of Urbana to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. There is no assurance that the
membership purchase announced will be completed, or that if completed, such
membership purchase will be a profitable investment for Urbana. Unless required
by applicable securities law, Urbana does not assume any obligation to update
these forward-looking statements.

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