Scotiabank changes GIC rates



    TORONTO, Jan. 31 /CNW/ - Scotiabank today announced changes in the
interest rates earned on Scotia Guaranteed Investment Certificates (GICs). The
new rates are effective February 1, 2008.

    
    -   one-year GIC rate decreases 0.05 per cent to 2.50 per cent;
    -   two-year GIC rate decreases 0.20 per cent to 2.80 per cent;
    -   three-year GIC rate decreases 0.10 per cent to 3.05 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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