Scotiabank reduces prime lending rate

    TORONTO, March 4 /CNW/ - Scotiabank today announced a decrease of one
half of one per cent in its Canadian dollar prime lending rate. The new rate
is 5.25 per cent, effective March 5, 2008.




For further information:
For further information: Ann DeRabbie, Scotiabank Public Affairs, (416)
933-1344