Leitch Receives TSE Approval For Normal Course Issuer Bid.

TORONTO--(BUSINESS WIRE)--June 24, 1999--

Leitch Technology Corporation (TSE:LTV)(the "Company")-- a leading provider of digital solutions to the broadcasting, post-production and telecommunications industries -- announced today that it will be initiating a new normal course issuer bid (the "New Issuer Bid") to acquire up to 2,211,580 of its outstanding common shares (which represent 10 percent of the public float) by way of open market purchases through the facilities of, and in accordance with the by-laws and rules of The Toronto Stock Exchange.

The Company has 25,410,933 common shares issued and outstanding. The Company's previous normal course issuer bid (the "Previous Issuer Bid") commenced on June 22, 1998 and terminated on June 21, 1999. The New Issuer Bid will commence on June 28, 1999 and terminate on June 27, 2000. The Company purchased 1,321,900 common shares pursuant to the Previous Issuer Bid at an average price per share of $25.34. The Company is instituting the New Issuer Bid as management of the Company believes that the Company's shares represent attractive values at current levels. The shares purchased by the Company will be cancelled.

Founded in 1971, the Company is a leading provider of integrated solutions to the broadcasting community. The Company designs and manufactures digital electronic equipment to store, distribute, process, and switch high quality video and audio signals. Headquartered in Toronto, Canada, the Company's products are used in television broadcast facilities, independent studios and telecommunications companies worldwide.