Coming Soon: A new addition to Scotiabank's mobile app family

Scotia iTRADE mobile app to launch in Spring 2012

TORONTO, March 13, 2012 /CNW/ - In May, a new Scotia iTRADE®ⁱ mobile trading app will give customers who manage their own investments the ability to make equity and option trades on the go from their mobile and smart phones.

"Our customers want access to the markets and the ability to trade while using a mobile device at an airport, on mass transit, sitting in a cab or on vacation," said Bob Grant, Scotiabank Managing Director and Head of Online Brokerage. "They want the technology to be as easy to use on their mobile device as it is on their desk or laptop. We've taken their feedback with us into development, and are now putting the finishing touches onto the app."

The mobile trading app will be compatible with Blackberryⁱⁱ, Androidⁱⁱⁱ and iPhone^iv devices. The app will also provide users with access to their personal account balances and holdings, allow them to view open orders and execute equity and option trades, while giving them real time quotes, charts, news and option chains, presented in a clear and user-friendly design.

"This is the natural evolution of Scotia iTRADE, whose history is rooted in putting trading directly into the hands of our customers," said Mr. Grant. "With busy lifestyles, the need to multitask is ever-increasing, and when it comes to financial decisions it's crucial for our customers to have access to the marketplace when and how they need it."

The Scotia iTRADE mobile applications run on a secure platform. Customer transactions and information linked to the Scotia iTRADE mobile applications are as secure as accessing the same account information from a desk or laptop.

About Scotiabank

Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With more than 77,000 employees, Scotiabank and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. With assets above $637 billion (as at January 31, 2012), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

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^{i Scotia iTRADE (Order-Execution Only Accounts) is a division of Scotia Capital Inc. ("SCI"). SCI is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada.  ® Registered trademark of The Bank of Nova Scotia. Used under license.
ii Property of Research in Motion Limited and is registered and/or used in the U.S. and countries around the world.  Used under license from Research in Motion Limited.
iii Trademark of Google Inc.
iv Trademark of Apple Inc., registered in the U.S. and other countries.}

Crystal Jongeward
Scotiabank
Phone: [phone]
Email: [email protected]