Unitholders vote in favour of early termination of Canada Trust Income Investments

    TORONTO, Oct. 19 /CNW/ - As trustee and manager for Canada Trust Income
Investments ("the Trust"), The Canada Trust Company, a subsidiary of The
Toronto-Dominion Bank, announced that at the special meeting of unitholders of
the Trust held today in Toronto, unitholders voted in favour of terminating
the Trust as soon as reasonably practicable in 2007. The results of the vote
will be posted at www.sedar.com and www.tdassetmanagement.com.
    Based on the results of the vote, The Canada Trust Company intends to
terminate the Trust on or about October 31, 2007.

    Canada Trust Income Investments is a closed-end income investment trust
that was established in 1973. Units of the Trust trade on the Toronto Stock
Exchange under the symbol CNN.un.
    For more information: http://www.tdassetmanagement.com.

    About TD Bank Financial Group.

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. The Bank 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 as well as the Bank's global insurance operations (excluding
the U.S.); Wealth Management, including TD Waterhouse Canada, TD Waterhouse
U.K. and the Bank's investment in TD Ameritrade; U.S. Personal and Commercial
Banking through TD Banknorth; and Wholesale Banking, including TD Securities.
The Bank also ranks among the world's leading on-line financial services
firms, with more than 4.5 million on-line customers. The Bank had $404 billion
in assets as at July 31, 2007. The Bank is headquartered in Toronto, Canada.
The Bank's common stock is listed on the Toronto Stock Exchange and the New
York Stock Exchange under symbol: TD, as well as on the Tokyo Stock Exchange.

For further information:

For further information: Lisa Hodgins, TD Bank Financial Group, (416)
983-2982, lisa.hodgins@td.com

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