Laurentian Bank increases its prime rate to 2.75%

MONTREAL, July 20 /CNW Telbec/ - Laurentian Bank of Canada announces that it will increase its prime lending rate by 25 points from 2.50% to 2.75% effective Wednesday July 21, 2010.

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

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Laurentian Bank of Canada

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