Scotia Securities Inc. Announces Portfolio Management Change



    TORONTO, Oct. 29 /CNW/ - Scotia Securities Inc. today announced that a
portfolio advisor change will occur with the Scotia Global Climate Change
Fund.
    On or about December 9th, 2008, State Street Global Advisors will no
longer serve as portfolio advisor to the Scotia Global Climate Change Fund.
Scotia Securities Inc. will announce a replacement portfolio advisor on or
before December 9th, 2008.
    The Scotia Global Climate Change Fund was first of its kind in Canada,
and offers investors diversified global exposure to best in class companies
adopting technological and environmental practices that mitigate and address
the implications of climate change.

    Scotia Securities Inc. is a wholly-owned subsidiary of Scotiabank, one of
North America's premier financial institutions and Canada's most international
bank.

    Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With more than 60,000 employees, Scotiabank
Group and its affiliates serve approximately 12.5 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 $462 billion in assets (as at July 31, 2008), Scotiabank trades on the
Toronto (BNS) and New York Exchanges (BNS). For more information please visit
www.scotiabank.com.





For further information:

For further information: Paula Cufre, Scotiabank Public Affairs, (416)
933-1093, paula_cufre@scotiacapital.com


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