ST. LOUIS--(BUSINESS WIRE)--March 4, 2005--TLC Vision Corporation (TSX:TLC) (NASDAQ:TLCV), North America’s premier eye care services company, announced today that its Board of Directors has adopted a Shareholder Rights Plan (the “Plan”). The Plan is designed to ensure fair treatment for all shareholders in the event of a takeover bid and to provide shareholders and TLCVision’s Board of Directors with adequate time to evaluate any bid for the Company and to take steps to maximize shareholder value in the event of any such bid. TLCVision previously had a shareholder rights plan in place which expired in November 2004. The Company is not aware of any contemplated takeover bid.
