[STOCKGROUP LOGO] Stockgroup Information Systems Inc. 500 - 750 West Pender Street Vancouver, BC V6C 2T7 July 7, 2003 United States Securities and Exchange Commission Washington, DC USA 20549 Attention: MR. NEIL MILLER Re: Registration on Form SB-2 Via fax to: 202-942-9635 File No. 333-105735 Stockgroup Information Systems Inc. Dear Sirs/Mesdames: The writer, being the Chief Financial Officer of Stockgroup Information Systems Inc. (the "Company"), respectfully requests, pursuant to Rule 477 of Regulation C under the Securities Act of 1933, as amended (the "Securities Act"), that the Post-Effective Amendment dated June 26, 2003 to the Registration Statement of the Company filed on Form SB-2, and originally filed by the Company on May 30, 2003 (File No. 333-105735) (the "Registration Statement"), be withdrawn effective immediately. The Post-Effective Amendment in question stated that the Company wished to de-register the shares in the Registration Statement. The Company confirms that it is hereby requesting the withdrawal due to the fact that the Company wishes to leave the Registration Statement effective and continue the registration of the shares. The Company confirms that no securities of the Company were sold in connection with Post-Effective Amendment being withdrawn. Our detailed Company information is as follows: STOCKGROUP INFORMATION SYSTEMS INC. SIC# 7389 IRS # 84-1379282 CUSIP #861273 100 CIK #0001054097 Thank you for your time and assistance. Sincerely, STOCKGROUP INFORMATION SYSTEMS INC. Per: /s/ David Gillard David Gillard, CGA Chief Financial Officer Secretary and Treasurer