RIM Announces TSX Approval for Common Share Repurchase Program

Waterloo, ON - Research In Motion Limited (�RIM�) (NASDAQ: RIMM; TSX: RIM) announced that the Toronto Stock Exchange (�TSX�) has approved the share repurchase program announced by RIM on June 24, 2010. Under its share repurchase program, RIM may, during the twelve-month period from July 15, 2010 to July 14, 2011, purchase up to 22,457,566 of its common shares through the facilities of the TSX and the Nasdaq Stock Market (the "Nasdaq"). The shares authorized for purchase under the current share repurchase program represent approximately 4.5% of RIM�s public float of shares. These shares, together with the shares purchased by RIM within the previous twelve months, represent approximately 10% of RIM�s public float of shares. The ability to make purchases under the share repurchase program through the facilities of the Nasdaq in excess of 5% of RIM's issued and outstanding shares (taking into account shares purchased by RIM in the previous twelve months) is subject to RIM obtaining exemptive relief from the Canadian securities regulatory authorities.

During the previous twelve months, RIM has purchased for cancellation 25,040,800 of its outstanding common shares through the facilities of the Nasdaq at an average price of US$60.44 per share (including 8,805,000 shares since June 24, 2010), and 2,000,000 of its outstanding common shares at a price of US$66.19 per share pursuant to private agreements between RIM and a non-related third-party financial institution pursuant to an issuer bid exemption order issued by the Ontario Securities Commission. There were 552,511,264 common shares of RIM outstanding on June 24, 2010.

The price that RIM will pay for any shares repurchased will be the market price of such shares on the TSX or the Nasdaq, as the case may be, at the time of acquisition. The purchases will be made by RIM in accordance with TSX rules and policies, the Canadian exemptive relief order (if obtained) and Rule 10b-18 under the U.S. Securities Exchange Act of 1934. In accordance with TSX rules and policies, daily purchases made by RIM on the TSX may not exceed 439,009 common shares, or 25% of RIM's average daily trading volume of 1,756,034 common shares on the TSX for the six calendar months preceding the date of TSX approval, subject to certain exceptions for block purchases. Rule 10b-18 contains similar restrictions on daily purchases that may be made by RIM on the Nasdaq based on the average daily trading volume of RIM's common shares on the Nasdaq, subject to certain exceptions for block purchases.

There is no assurance that any additional shares will be purchased under the share repurchase program and RIM may elect to suspend or discontinue the program at any time. Any shares purchased pursuant to the share repurchase program will be cancelled.