Royal Bank of Canada declares dividends



    TORONTO, Aug. 28 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today
declared a quarterly common share dividend of $0.50 per share, payable on
November 24, 2008, to common shareholders of record on October 27, 2008.
    The board also declared dividends on the following Non-Cumulative First
Preferred Shares, payable on November 24, 2008, to shareholders of record on
October 27, 2008.

    
    -   Series W, Dividend No. 15 of $0.30625 per share.
    -   Series AA, Dividend No. 11 of $0.278125 per share.
    -   Series AB, Dividend No. 9 of $0.29375 per share.
    -   Series AC, Dividend No. 8 of $0.2875 per share.
    -   Series AD, Dividend No. 7 of $0.28125 per share.
    -   Series AE, Dividend No. 7 of $0.28125 per share.
    -   Series AF, Dividend No. 6 of $0.278125 per share.
    -   Series AG, Dividend No. 6 of $0.28125 per share.
    -   Series AH, Dividend No. 2 of $0.353125 per share.
    





For further information:

For further information: Investor Contact: Shirley Boudreau, Shareholder
Relations, Toronto (416) 955-7806, shirley.boudreau@rbc.com; Media Contact:
Beja Rodeck, Media Relations, Toronto (416) 974-5506, toll-free
1-888-880-2173, beja.rodeck@rbc.com


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