Scotiabank changes GIC rates

    TORONTO, Jan. 22 /CNW/ - Scotiabank today announced changes in the
interest rates earned on Scotia Guaranteed Investment Certificates (GICs). The
new rates are effective January 23, 2008.-   one-year GIC rate decreases 0.10 per cent to 2.60 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