Exhibit 99.7
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Computershare Trust Company of Canada
9th Floor,100 University Avenue
Toronto, Ontario M5J 2Y1
Toll Free(Canada and U.S.)1-800-564-6253
(International) 514-982-7555 Toll Free
(Canada and U.S.) Facsimile 1-866-249-7775
(International) Facsimile 416-263-9524
www.computershare.com
IT IS VERY IMPORTANT THAT YOU VOTE BY COMPLETING AND SIGNING THE REVERSE SIDE OF THIS PAGE.
If you have any questions or require assistance to complete this Proxy please call:
Georgeson Shareholder Communications Canada Inc.
| Toll Free: | 1-866-254-7864 (English) 1-866-258-7293 (French) |
Notes to Proxy
| 1. | You should indicate your choice on the matter set out on the reverse side of this page by checking the appropriate box. If no choice is specified your options (the “Options”) to purchase common shares of Fording Inc. (“Fording” or the “Corporation”) will be voted FOR the resolution described on the reverse side of this page, and in accordance with the proxyholder’s judgement with respect to amendments or variations of the matters set out in the Notice of Meeting in respect of which an optionholder is entitled to vote, or any other matters which may properly come before the Meeting on which an optionholder is entitled to vote. The Options represented by this form of proxy will be voted on any ballot that may be called for in accordance with the instructions contained herein. | |
| 2. | To be valid, this proxy must be dated and signed by you, as the optionholder of the Corporation, or as a person named as a proxyholder in respect of the Meeting in an omnibus proxy containing a power of substitution pursuant to applicable securities laws, or your attorney. Please sign the proxy in the exact manner as the name appears above. | |
| 3. | If the optionholder is a corporation, this proxy must be executed by a duly authorized officer or attorney of the optionholder. If the Options are in the name of an executor, administrator or trustee, please sign exactly as the Options are recorded in the Corporation’s records. If the Options are in the name of a deceased optionholder, the optionholder’s name must be printed in the space provided, the Fold proxy must be signed by the legal representative with his name printed below his signature and evidence of authority to sign on behalf of the decreased optionholder must be attached to this proxy. | |
| 4. | If the proxy is not dated, it will be deemed to bear the date on which it is mailed to the optionholder. | |
| 5. | All optionholders should refer to the accompanying Circular and Supplement for further information regarding completion and use of this proxy and other information pertaining to the Meeting. All capitalized terms used herein and not otherwise defined herein have the meaning ascribed to them in the Circular and the Supplement. | |
| 6. | If you are unable to attend the Meeting, but wish to be represented, you have the right to appoint a person, who need not be a shareholder, to attend and vote on your behalf. If you use this form of proxy, but wish to appoint some person other than Richard F. Haskayne, Harry G. Schaefer, or Michael A. Grandin as your proxyholder, you must strike out their names and insert the name of that other person in the blank space provided on the reverse side of this page. The proxyholder must attend the Meeting in order to vote on your behalf. | |
| 7. | Please return your proxy, preferably by fax to toll free 1-866-249-7775 or 416-263-9524 so asto be received no later than 5:00 p.m. (Mountain Standard Time) on December 31, 2002.Although a prepaid envelope is enclosed there is no assurance that proxies returned by mail will arrive on time to be counted. |
THIS IS YOUR PROXY.
PLEASE COMPLETE, FOLD AND RETURN IN THE ENVELOPE PROVIDED OR
FAX TO 1-866-249-7775
SO AS TO BE RECEIVED NOT LATER THAN 5:00 P.M. (MOUNTAIN STANDARD TIME)
ON DECEMBER 31, 2002
O R A N G E
Appointment of Proxy
| I/We being Optionholder(s) of Fording Inc. hereby appoint(s): Richard F. Haskayne, or failing him Harry G. Schaefer, or failing him Michael A. Grandin, directors of the Corporation | OR | Print the name of the person you are appointing if the person is someone other than the Corporation’s appointees named on this form |  |
as proxyholder, with full power of substitution, to attend, vote and otherwise act for and on behalf of the undersigned in respect of all Options in the name of the optionholder and in respect of all matters that may come before the Meeting of Fording securityholders which has been postponed to the 3rd day of January, 2003, and all adjournments or postponements thereof, to the same extent and with the same power as if the undersigned were present at the Meeting or such adjournment or postponement and hereby revokes any and all previous appointments of proxy holders and proxies previously given for the Meeting including any adjournment or postponement thereof.
Without limiting the generality of the power hereby conferred, the Options represented by this proxy shall be voted as indicated in the box below.
| Enhanced Arrangement Resolution For Against | For | Against | ||
| FOR or AGAINST passing the special resolution, the text of which is attached as Appendix Ato the Supplement dated December 8, 2002 (the “Supplement”) to the Management Information Circular of the Corporation dated November 20, 2002 (the “Circular”) approving the arrangement pursuant to Section 192 of theCanada Business Corporations Act,involving, among other things, the conversion of Fording under an income trust to be known as Fording Income Trust (the “Enhanced Arrangement Resolution”) |  | |
If no voting preference is indicated above, the Options represented by this proxy shall be votedFORthe approval of the Enhanced Arrangement Resolution. With respect to amendments or variations of the Enhanced Arrangement Resolution, or other matters in respect of which the optionholder is entitled to vote and which may properly come before the Meeting, the undersigned hereby confers discretionary authority on the undersigned’s proxyholder to vote on such amendments or variations or such other matters in accordance with the proxyholder’s judgement.By submitting this proxy, the undersigned hereby revokes any proxy previously given.
Authorized Signature(s) — Sign Here — This section must be completed for your instructions to be executed.
I/We authorize you to act in accordance with my/our instructions set out above. If this proxy is not dated, it is deemed to bear the date on which it was mailed to the optionholder.
If you do not anticipate attending the Meeting in person, kindly fill in and sign this form of proxy and return it in the prepaid envelope provided.This form of proxy will not be valid unless it is completed and received by to Fording’s Transfer Agent, Computershare Trust Company of Canada at 9th Floor, 100 University Avenue, Toronto, Ontario M5J 2Y1, Attention: Proxy Department, no later than 5:00 p.m. (Mountain Standard Time) on December 31, 2002or, in the case of any adjournment or postponement of the Meeting, at least 48 hours (excluding Saturdays, Sundays and holidays) prior to the time fixed for the adjourned or postponed Meeting.Please return this form of proxy preferably by fax to 1-866-249-7775 (toll free) or 416-263-9524, or by mail in the prepaid return envelope.
| FDGQ | 4 2 E P R | O R A N G E |