TORONTO, March 2 /PRNewswire-FirstCall/ -- Scotiabank is holding its 174th Annual Meeting of Shareholders on Friday, March 3, 2006 in Winnipeg. Annual Meeting -------------- - Fairmont Winnipeg, West/Midway Winnipeg Ballroom, 2 Lombard Place, Winnipeg, Manitoba. - Friday, March 3, 2006 at 10:00 a.m. CST (11:00 a.m. EST). Webcast ------- - A live audio webcast of the Annual Meeting will be available via the Investor Relations page of http://www.scotiabank.com/ and will be archived for one year. Media Briefing -------------- - Following approximately five to 10 minutes after the Annual Meeting, at about 12:15 p.m. CST (1:15 p.m. EST), there will be a media briefing. (Please note the exact start time will depend on the duration of the Annual Meeting proceedings.) - Interested parties may access the briefing - in listen-only mode - via telephone at 1-800-814-4890 or via audio webcast from the Investor Relations page of http://www.scotiabank.com/. - Media interested in participating in the media conference, either in person or via interactive phone line, should contact Jane Shannon at (416) 866-6806 for further details. - A telephone replay of the media briefing will be available between March 3, 2006 and June 3, 2006 by calling (877) 289-8525 (identification code 21175102 followed by the number sign). First Quarter Results News Release ---------------------------------- - A news release of the first quarter results will be issued in Canada over Canada NewsWire and in the U.S. over PR Newswire at approximately 8:30 a.m. EST (7:30 a.m. CST) on Friday, March 3, 2006. First Quarter Conference Call ----------------------------- - The conference call will take place on Friday, March 3, 2006 at 3:00 p.m. EST (2:00 p.m. CST) and is expected to last approximately one hour. - Interested parties are invited to access the call live, in listen-only mode: - Via telephone, toll-free, at 1-800-814-3911 (please call five to 15 minutes in advance). - Via the Internet on the Investor Relations page of http://www.scotiabank.com/. - During the call, listeners may also wish to refer to the Quarterly Results information displayed on the Investor Relations page of http://www.scotiabank.com/. - Following discussion of the results by Scotiabank Executives, there will be a question and answer session. Listeners are also invited to submit questions by e-mail, to . Conference Call Archive ----------------------- - A telephone replay of the call will be available between March 3, 2006 and March 17, 2006, by calling (416) 640-1917 (identification code 21174131 followed by the number sign). - The archived audio webcast will be available on the Investor Relations page of http://www.scotiabank.com/ from approximately 6:00 p.m. EST on March 3, 2006 for three months. Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With more than 50,000 employees, Scotiabank Group and its affiliates serve about 10 million customers in some 50 countries around the world. Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With $314 billion in assets (as at October 31, 2005), Scotiabank trades on the Toronto (BNS) and New York (BNS) Stock Exchanges. For more information please visit http://www.scotiabank.com/. DATASOURCE: Scotiabank CONTACT: Jennifer Sclisizzi, Scotiabank Public Affairs, (416) 866-3625

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