Scotiabank signs exclusivity agreement regarding Chilean Bank

    SANTIAGO, Chile and TORONTO, ON, Aug. 10 /CNW/ - Scotiabank today
announced that it has signed an exclusivity agreement with Inversiones Norte
Sur related to discussions concerning its shareholding in Chile's Banco del
Desarrollo. Discussions are continuing.

For further information:

For further information: Media Contacts: Krista Pawley, Scotiabank,
(416) 866-3703, or

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