TORONTO, Dec. 4 /CNW/ - Scotiabank is pleased to announce that the Bank's
mutual funds dealer, Scotia Securities, has won a 2007 Canadian Investment
Award, recognizing excellence in the financial services industry.
    "Scotiabank is proud to be recognized for our advancements as a leading
mutual funds dealer in Canada," said Barbara Mason, Executive Vice-President,
Wealth Management, Scotiabank. "Our progress in the mutual fund market is a
reflection of our ongoing commitment to provide clients with investment
solutions that are relevant to their individual needs."
    Scotia Securities was recognized with the Best Use of Technology Award,
acknowledging the Bank's new investment platform - the largest single
technology project that Scotiabank has undertaken to ensure client-facing
advisors have the tools to best serve clients' needs.
    "Increasingly our clients are looking for the ability to combine
different types of investments in a simple and seamless way, which is exactly
what the new investment platform offers," said Glen Gowland, President and
Chief Executive Officer, Scotia Securities. "We now have tremendous capacity
to provide clients with a full range of investment products and services
brought together to meet their unique needs."

    Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With almost 60,000 employees, Scotiabank
Group and its affiliates serve approximately 12 million customers in some 50
countries around the world. Scotiabank offers a diverse range of products and
services including personal, commercial, corporate and investment banking.
With $408 billion in assets (as at July 31, 2007), Scotiabank trades on the
Toronto (BNS) and New York Exchanges (BNS). For more information please visit
www.scotiabank.com.