Laurentian Bank honoured at the Institute of Corporate Directors' gala event

    MONTREAL, Sept. 23 /CNW Telbec/ - Laurentian Bank is pleased to announce
that its Board of Directors was honoured with a distinguished award at the
gala event organized by the Institute of Corporate Directors. The event was
held in Montreal yesterday, September 18, in conjunction with the 2008
Governance and Financial Markets in North America Conference. The Institute's
primary objective in holding its competition each year is to highlight the
exceptional work of corporate administrators and Boards of Directors of
Quebec-based companies.
    Represented at the gala by Mrs. Lise Bastarache, Corporate Director,
Laurentian Bank's Board of Directors was distinguished in the Blue Tie
category for its contribution to the organization's outstanding financial and
stock market performance. In fact, the Bank reached, and often exceeded, the
performance indicators that it had set, thanks primarily to the three
strategic priorities management adopted and to the organization's exemplary
execution of its strategic plan. "The members of the Board are gratified to
have played a part in the Bank's excellent financial and stock market
performance that ranks at the very top of its activity sector," added
Mrs. Bastarache

    About Laurentian Bank

    Laurentian Bank of Canada is a banking institution operating across
Canada and offering its clients diversified financial services. Distinguishing
itself through excellence in service, as well as through its accessibility,
the Bank serves individual consumers and small and medium-sized businesses.
The Bank offers its products to a wide network of independent financial
advisors through B2B Trust, as well as full-service brokerage solutions
through Laurentian Bank Securities.
    With 156 branches and 340 automated banking machines, Laurentian Bank is
well established in the Province of Quebec, operating the third-largest branch
network. Elsewhere throughout Canada, it operates in specific market segments
where it holds an enviable position. Laurentian Bank of Canada has more than
$19 billion in balance sheet assets. Founded in 1846, the Bank employs more
than 3,500 people.

For further information:

For further information: Gladys Caron, Vice-President, Public Affairs,
Communications and Investor Relations, (514) 284-4500, extension 7511,

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Laurentian Bank of Canada

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