Scotiabank changes GIC rates



    TORONTO, Aug. 21 /CNW/ - Scotiabank today announced changes in the
interest rates earned on Scotia Guaranteed Investment Certificates (GICs). The
new rates are effective August 22, 2007.

    
    -  one-year GIC rate decreases 0.10 per cent to 3.20 per cent;
    -  two-year GIC rate decreases 0.10 per cent to 3.30 per cent;
    -  three-year GIC rate decreases 0.10 per cent to 3.40 per cent;
    -  four-year GIC rate decreases 0.10 per cent to 3.50 per cent;
    -  five-year GIC rate decreases 0.10 per cent to 3.60 per cent;

    (R) Registered trademark of The Bank of Nova Scotia.
    




For further information:

For further information: Paula Cufre, Scotiabank Public Affairs, (416)
933-1093, paula_cufre@scotiacapital.com


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