Royal Bank of Canada Announces Election of Director

    TORONTO, Feb. 29 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) today
announced the election of Edward Sonshine, Q.C., to its board of directors.
Mr. Sonshine is president and chief executive officer of RioCan Real Estate
Investment Trust based in Toronto, Ontario.


    Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate
under the master brand name of RBC. We are Canada's largest bank as measured
by assets and market capitalization and one of North America's leading
diversified financial services companies. We provide personal and commercial
banking, wealth management services, insurance, corporate and investment
banking, and transaction processing services on a global basis. We employ
approximately 70,000 full- and part-time employees who serve more than 15
million personal, business, public sector and institutional clients throughout
offices in Canada, the U.S. and 36 other countries. For more information,
please visit

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For further information: Media contact: Beja Rodeck, (416) 974-5506

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