TORONTO, June 24 /PRNewswire-FirstCall/ -- Scotiabank today declared the initial dividend of $0.1678 per share on Non-Cumulative Preferred Shares Series 20, payable on July 29, 2008, to shareholders of record at the close of business on July 4, 2008. Non-Cumulative Preferred Share: - Series 20, Dividend # 1 of $0.1678 per share. Holders may elect to receive their dividends in common shares of the Bank in lieu of cash dividends, in accordance with the Bank's Shareholder Dividend and Share Purchase Plan. DATASOURCE: Scotiabank CONTACT: Kevin Harraher, Vice-President, Investor Relations, (416) 866-5982; Livy Feldgajer, Scotiabank Public Affairs, (416) 866-6203

Copyright