Scotiabank changes GIC rates



    TORONTO, Dec. 4 /CNW/ - Scotiabank today announced changes in the
interest rates earned on Scotia Guaranteed Investment Certificates (GICs). The
new rates are effective December 5, 2007.

    
    -   one-year GIC rate decreases 0.15 per cent to 2.85 per cent;
    -   two-year GIC rate decreases 0.15 per cent to 2.90 per cent;
    -   three-year GIC rate decreases 0.15 per cent to 3.00 per cent;
    -   four-year GIC rate decreases 0.15 per cent to 3.10 per cent;
    -   five-year GIC rate decreases 0.10 per cent to 3.25 per cent;
    -   seven-year GIC rate decreases 0.10 per cent to 3.35 per cent;
    -   ten-year GIC rate decreases 0.10 per cent to 3.40 per cent.

    (R) Registered trademark of The Bank of Nova Scotia.
    





For further information:

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


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