Instant, 1UU (3)
Uncommon
Counter target spell. If that spell is countered this way, exile it instead of putting it into its owner's graveyard.
"This abomination never belonged in our world. I'm merely setting it free."
—Dierk, geistmage
Illus. Tomasz Jedruszek

10/4/2004: The card does not go to the graveyard before being exiled.
10/4/2004: If the spell is not countered (because the spell it targets can't be countered), then it does not get exiled.
Legal in Vintage (Type 1)
Legal in Legacy (Type 1.5)
Legal in Extended (Type 1.X)
Legal in Standard (Type 2)
Legal in Classic (MTGO)
Legal in Commander
Legal in Modern