February, 2003

Waterloo, ON - The Center for International Governance Innovation (CIGI) is pleased to announce a major donation from the Co-CEOs of Waterloo-based Research In Motion Limited (RIM), James Balsillie and Mike Lazaridis. The donation, totalling approximately $23.5 million, was made in the form of RIM shares owned by each of Mr. Balsillie and Mr. Lazaridis. The Institute then immediately sold these shares, in accordance with the terms of its government funding agreement. The donation completes the $30 million commitment made to help fund the start-up of this world-class research institute.