Laurentian Bank changes its mortgage rates

MONTREAL, March 11 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates. The changes are as follows:

TERM                                          RATE           VARIATION

    4 year:                       from    5.04%    to    4.94%       -0.10%
    5 year:                       from    5.38%    to    5.24%       -0.14%

    Fixed Rate Special offer :
    ---------------------------
    5 Years (fixed/closed)        from    4.19%    to    3.99%       -0.20%

These new mortgage rates will be effective as of March 12, 2010.

For further information: Gladys Caron, Vice President, Public Affairs and Communications, Laurentian Bank of Canada, Office: [phone], extension 7511, Cellular: [phone], [e-mail]