Exhibit 99.5
GT GROUP TELECOM INC.
Material Change Report
Section 75(2) of theSecurities Act (Ontario)
Section 85(1)(b) of theSecurities Act (British Columbia)
Section 146(1)(b) of theSecurities Act (Alberta)
Section 84(1)(b) of TheSecurities Act, 1988 (Saskatchewan)
Section 81(2) of theSecurities Act (Nova Scotia)
Section 76(2) of theSecurities Act (Newfoundland)
| 1. | Reporting Issuer | |
| GT Group Telecom Inc. 20 Bay Street Suite 1300 Toronto, Ontario M5J 2N8 | ||
| 2. | Date of Material Change | |
| June 25, 2002 | ||
| 3. | Press Release | |
| A press release was distributed to Canada NewsWire on June 25, 2002. A copy of the press release is attached to this report as Schedule A. | ||
| 4. | Summary of Material Change | |
| See the attached press release for a summary of the material change. | ||
| 5. | Full Description of Material Change | |
| See the attached press release for a full description of the material change. | ||
| 6. | Reliance on Confidentiality Provisions of Securities Legislation | |
| Not applicable. | ||
| 7. | Omitted Information | |
| No significant facts remain confidential in, and no information has been omitted from, this report. |
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| 8. | Senior Officers | |
| For further information please contact Mark Hemingway, General Counsel, at (416) 848-2008. | ||
| 9. | Statement of Senior Officer | |
| The foregoing accurately discloses the material change referred to herein. |
DATED at Toronto, Ontario, this 25th day of June, 2002.
| /s/Mark Hemingway | ||
| Mark Hemingway General Counsel |
