TD Bank Financial Group Comments On Expected Impact of TD Ameritrade Holding Corp.'s Second Quarter Earnings

    TORONTO, April 17 /CNW/ - TD Bank Financial Group announced today that it
expects TD Ameritrade's second quarter earnings to translate into a
contribution of CDN$63 million to second quarter net income for its Wealth
Management segment.
    TD Bank Financial Group will release its second quarter financial results
and webcast its quarterly earnings conference call live on the internet on
Thursday May 24, 2007. Conference call and webcast details will be announced
closer to the date.

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than 14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking
including TD Canada Trust; Wealth Management including TD Waterhouse and an
investment in TD Ameritrade; Wholesale Banking, including TD Securities; and
U.S. Personal and Commercial Banking through TD Banknorth. TD Bank Financial
Group also ranks among the world's leading on-line financial services firms,
with more than 4.5 million on-line customers. TD Bank Financial Group had
CDN$408 billion in assets, as of January 31, 2007. The Toronto-Dominion Bank
trades on the Toronto and New York Stock Exchanges under the symbol "TD".

For further information:

For further information: Neil Parmenter, Corporate Communications, (416)
982-4285; Tim Thompson, Investor Relations, (416) 982-6346

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