Form of Proxy

TO SET THE NUMBER OF DIRECTORS AT EIGHT (8)

ELECTION OF DIRECTOR - "ALISON BAKER"

ELECTION OF DIRECTOR - "GORDON BELL"

ELECTION OF DIRECTOR - "RICHARD COLEMAN"

ELECTION OF DIRECTOR - "ANNE GIARDINI"

ELECTION OF DIRECTOR - "JOHN MACKENZIE"

ELECTION OF DIRECTOR - "CASHEL MEAGHER"

ELECTION OF DIRECTOR - "PETER MEREDITH"

ELECTION OF DIRECTOR - "PATRICIA PALACIOS"

APPOINTMENT OF DELOITTE LLP AS AUDITORS OF THE COMPANY FOR THE ENSUING YEAR AND AUTHORIZING THE DIRECTORS TO FIX THEIR REMUNERATION

APPROVAL OF THE AMENDED AND RESTATED INCENTIVE SHARE OPTION AND BONUS SHARE PLAN AS SET OUT IN SCHEDULE B OF THE ACCOMPANYING INFORMATION CIRCULAR, AS MORE PARTICULARLY DESCRIBED THEREIN, AND ALL UNALLOCATED ENTITLEMENTS THEREUNDER

APPROVAL OF THE AMENDED AND RESTATED TREASURY SHARE UNIT PLAN AS SET OUT IN SCHEDULE C OF THE ACCOMPANYING INFORMATION CIRCULAR, AS MORE PARTICULARLY DESCRIBED THEREIN, AND ALL UNALLOCATED ENTITLEMENTS THEREUNDER

PASSING AN ADVISORY VOTE ON CAPSTONE'S APPROACH TO EXECUTIVE COMPENSATION, AS MORE PARTICULARLY DESCRIBED IN THE ACCOMPANYING INFORMATION CIRCULAR