Laurentian Bank decreases its prime rate to 5.25%

    MONTREAL, March 4 /CNW Telbec/ - Laurentian Bank of Canada announces that
it will decrease its prime lending rate by 50 points from 5.75% to 5.25%
effective Wednesday March 5, 2008.

For further information:

For further information: Mr. Yassir Berbiche, Senior Vice-President and
Treasurer, Corporate Treasury, (514) 284-4500, extension 5937; Ms. Gladys
Caron, Vice-President, Public Affairs, Communications and Investor Relations,
(514) 284-4500, extension 7511, Cellular: (514) 893-3963,

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Laurentian Bank of Canada

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