BNS Split Corp. II Retains Financial Advisor

TORONTO, Feb. 24, 2015 /CNW/ - BNS Split Corp. II (the "Company") announced today that its Board of Directors has retained Scotiabank to advise the Company on a possible extension and reorganization of the Company. There is no guarantee after such review an extension will be proposed and if proposed, will be approved by shareholders.

BNS Split Corp. II is a mutual fund corporation created to hold a portfolio of common shares of The Bank of Nova Scotia. Capital Shares and Preferred Shares of BNS Split Corp. II are listed for trading on The Toronto Stock Exchange under the symbols BSC and BSC.PR.B respectively.

SOURCE BNS Split Corp. II

For further information: Investor Relations, BNS Split Corp. II, (416) 863-7301, E-mail: mc.bnssplit2@scotiabank.com, Web site: www.scotiamanagedcompanies.com

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