/Note to Editors: Not for dissemination or distribution in the United
TORONTO, Oct. 16, 2013 /CNW/ - Scotiabank (BNS: TSX, NYSE) today
announced that 5,960,732 of its 14,000,000 Non-cumulative 5-Year Rate
Reset Preferred Shares Series 20 of Scotiabank (the "Preferred Shares
Series 20") have been elected for conversion on October 26, 2013, on a
one-for-one basis, into Non-cumulative Floating Rate Preferred Shares
Series 21 of Scotiabank (the "Preferred Shares Series 21").
Consequently, on October 26, 2013, Scotiabank will have 8,039,268
Preferred Shares Series 20 and 5,960,732 Preferred Shares Series 21
issued and outstanding. The Preferred Shares Series 20 and Preferred
Shares Series 21 will be listed on the Toronto Stock Exchange under the
symbols BNS.PR.Q and BNS.PR.B, respectively.
Scotiabank is a leading multinational financial services provider and
Canada's most international bank. With more than 83,000 employees,
Scotiabank and its affiliates serve some 21 million customers in more
than 55 countries around the world. Scotiabank offers a broad range of
products and services including personal, commercial, corporate and
investment banking. In December 2012, Scotiabank became the first
Canadian bank to be named Global Bank of the Year and Bank of the Year
in the Americas by The Banker magazine, a Financial Times publication.
With assets of $743 billion (as at July 31, 2013), Scotiabank trades on
the Toronto (BNS) and New York Exchanges (BNS). For more information
please visit www.scotiabank.com.
For further information:
Peter Slan, Senior Vice-President, Investor Relations, at (416) 933-1273, or firstname.lastname@example.org.
For media inquiries please contact Paula Cufre, Media Communications at (416) 866-4833, or email@example.com